Coordinated optimization of weekly reserve, day-ahead and balancing energy trade in hydropower

HYPERBOLE Symposium 2017 (HYdropower plants PERformance and flexiBle Operation towards Lean integration of new renewable Energies)

Fodstad, Marte^1 ; Grytli, Eirik Schou^2 ; Korpås, Magnus^2

SINTEF Energy Research, Post box 4761 Sluppen, Trondheim

N-7465, Norway^1

Norwegian University of Science and Technology, Dept. of Electric Power Engineering, Trondheim

N-7491, Norway^2

关键词: Balancing energy;    Balancing market;    Coordinated optimization;    Market design;    Multi reservoir;    Power reserves;    Reserve markets;    Reserve price;   

Others  :  https://iopscience.iop.org/article/10.1088/1742-6596/813/1/012009/pdf
DOI  :  10.1088/1742-6596/813/1/012009

来源: IOP

【 摘 要 】

We present a model for optimal trade in a weekly power reserve market under day-ahead and balancing market price uncertainty. The model takes the perspective of a price-taking hydropower producer and a case study for the Norwegian market design and a Norwegian multi-reservoir water course for a winter week is presented. We demonstrate how a bid curve for the reserve market can be established through a sensitivity analysis on reserve prices, and observe that the optimal trade in the succeeding day-ahead and balancing market is highly sensitive to the reserve obligation.