A generic benchmark for power market analysis from generation mix to end-users
This paper presents a benchmark to model power systems market mechanisms from the generation mix to the end-users. The objective is to develop a platform that can help solving long-term planning problems. The operation described here is the joined day-ahead (DA) clearing for the wholesale market and...
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| Main Authors: | , , |
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| Other Authors: | |
| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
2020
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| Subjects: | |
| Online Access: | https://hdl.handle.net/10356/144522 |
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| Institution: | Nanyang Technological University |
| Language: | English |
| Summary: | This paper presents a benchmark to model power systems market mechanisms from the generation mix to the end-users. The objective is to develop a platform that can help solving long-term planning problems. The operation described here is the joined day-ahead (DA) clearing for the wholesale market and the individual optimal scheduling of end-users equipped with distributed solar generation and storage. The implemented methods lie on linear programming whose fast computation allows to consider the decentralized control of an important number of end-users. Several scenarios are investigated with different retail prices and CO 2 mitigation policies as well as different sizes for the decentralized assets at the end-users' level. |
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