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:	Rigo-Mariani, Remy, Ling, Keck Voon, Maciejowski, Jan
Other Authors:	School of Electrical and Electronic Engineering
Format:	Conference or Workshop Item
Language:	English
Published:	2020
Subjects:	Engineering::Electrical and electronic engineering Energy Market Wholesale Market
Online Access:	https://hdl.handle.net/10356/144522
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Institution:	Nanyang Technological University
Language:	English

id	sg-ntu-dr.10356-144522
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spelling	sg-ntu-dr.10356-1445222020-11-11T02:01:17Z A generic benchmark for power market analysis from generation mix to end-users Rigo-Mariani, Remy Ling, Keck Voon Maciejowski, Jan School of Electrical and Electronic Engineering 2018 Asian Conference on Energy, Power and Transportation Electrification (ACEPT) Engineering::Electrical and electronic engineering Energy Market Wholesale Market 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. National Research Foundation (NRF) Accepted version The authors acknowledge the support by the Singapore National Research Foundation under its Campus for Research Excellence And Technological Enterprise (CREATE) programme and its Energy NIC grant (NRF Award No.:NRF-ENIC-SERTD-SMES-NTUJTCI3C-2016). This research was also supported by the Cambridge Centre for Advanced Research in Energy Efficiency in Singapore Ltd (CARES). 2020-11-11T02:01:17Z 2020-11-11T02:01:17Z 2019 Conference Paper Rigo-Mariani, R., Ling, K. V., & Maciejowski, J. (2018). A generic benchmark for power market analysis from generation mix to end-users. Proceedings of the 2018 Asian Conference on Energy, Power and Transportation Electrification (ACEPT). doi:10.1109/acept.2018.8610802 978-1-5386-8137-4 https://hdl.handle.net/10356/144522 10.1109/ACEPT.2018.8610802 en © 2018 IEEE. Personal use of this material is permitted. Permission from IEEE must be obtained for all other uses, in any current or future media, including reprinting/republishing this material for advertising or promotional purposes, creating new collective works, for resale or redistribution to servers or lists, or reuse of any copyrighted component of this work in other works. The published version is available at: https://doi.org/10.1109/ACEPT.2018.8610802. application/pdf
institution	Nanyang Technological University
building	NTU Library
continent	Asia
country	Singapore Singapore
content_provider	NTU Library
collection	DR-NTU
language	English
topic	Engineering::Electrical and electronic engineering Energy Market Wholesale Market
spellingShingle	Engineering::Electrical and electronic engineering Energy Market Wholesale Market Rigo-Mariani, Remy Ling, Keck Voon Maciejowski, Jan A generic benchmark for power market analysis from generation mix to end-users
description	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.
author2	School of Electrical and Electronic Engineering
author_facet	School of Electrical and Electronic Engineering Rigo-Mariani, Remy Ling, Keck Voon Maciejowski, Jan
format	Conference or Workshop Item
author	Rigo-Mariani, Remy Ling, Keck Voon Maciejowski, Jan
author_sort	Rigo-Mariani, Remy
title	A generic benchmark for power market analysis from generation mix to end-users
title_short	A generic benchmark for power market analysis from generation mix to end-users
title_full	A generic benchmark for power market analysis from generation mix to end-users
title_fullStr	A generic benchmark for power market analysis from generation mix to end-users
title_full_unstemmed	A generic benchmark for power market analysis from generation mix to end-users
title_sort	generic benchmark for power market analysis from generation mix to end-users
publishDate	2020
url	https://hdl.handle.net/10356/144522
_version_	1688665660040675328

A generic benchmark for power market analysis from generation mix to end-users

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