Title :
Simulating trade with renewable energy
Author_Institution :
PowerConsult Ltd., Budapest, Hungary
Abstract :
A triple face market simulator was developed in 2002 modelling the physical network, the market regulation and the financial processes of the deregulated electricity market (MEKSZ - Hungarian energy trade simulator). With the help of this tool different bidding, buying and trading strategies can be tested for power plants, distribution companies, large customers and traders. In the paper we introduce two simulation cases: effect of the small gas engines (recent case) and the operation of wind farms (planned).
Keywords :
power markets; power system analysis computing; renewable energy sources; Hungarian energy trade simulator; MEKSZ; deregulated electricity market; gas engines; market regulation; renewable energy; triple face market simulator; wind farms; Character generation; Contracts; Costs; Educational institutions; Electricity supply industry; Electricity supply industry deregulation; Power generation; Renewable energy resources; Substations; Testing;
Conference_Titel :
AFRICON, 2004. 7th AFRICON Conference in Africa
Print_ISBN :
0-7803-8605-1
DOI :
10.1109/AFRICON.2004.1406849
