DocumentCode
2302670
Title
Implementation aspects of partial netting in flow-based auction clearing mechanism
Author
Vukasovic, Milan ; Apostolovic, Mladen ; Todem, Christian
Author_Institution
Verbund - APG AG, Vienna
fYear
2008
fDate
28-30 May 2008
Firstpage
1
Lastpage
6
Abstract
The allocation of cross-border transmission capacities is a basic precondition for cross-border electricity trade. Insufficient transmission capacities are the factor that limits this trade and therefore they must be allocated in the economically efficient manner in order to alleviate its negative influence on the trade but along with the preservation of electric power system stability. The flow-based coordinated auctioning method introduces economic criteria for selection of requests for transmission capacities use when those requests exceed available amounts (congestion), along with a better representation of cross-border electricity transactions influence on transmission network. With the use of Internet development tools, Web simulator has been created, which allowed practical implementation and testing of coordinated auctioning method, especially a possibility to apply netting of counter-flows. Several sensitivity analyses and case studies have been conducted and the results that show the advantages of application of netting principle are elaborated.
Keywords
international trade; power markets; power system simulation; power system stability; power transmission economics; Internet development tool; Web simulator; coordinated auctioning method; cross-border electricity trade; cross-border transmission capacity; economic criteria; electric power system stability; flow-based auction clearing mechanism; partial netting; sensitivity analysis; transmission network; Content addressable storage; Load flow; Poles and towers; Power generation; Power generation economics; Power system economics; Power system interconnection; Power system management; Power system stability; Sensitivity analysis; auction; congestion; netting; simulation; transmission;
fLanguage
English
Publisher
ieee
Conference_Titel
Electricity Market, 2008. EEM 2008. 5th International Conference on European
Conference_Location
Lisboa
Print_ISBN
978-1-4244-1743-8
Electronic_ISBN
978-1-4244-1744-5
Type
conf
DOI
10.1109/EEM.2008.4579026
Filename
4579026
Link To Document