• 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