Changing the Day-Ahead Gate Closure to Wind Power Integration: A Simulation-Based Study

Energies

Fernando Lopes¹  Hugo Algarvio¹  António Couto¹  Ana Estanqueiro¹ 

[1] LNEG–National Laboratory of Energy and Geology, 1649-038 Lisbon, Portugal;

关键词: day-ahead market;    balancing market;    gate closure;    forecast uncertainty;    wind power forecast;    agent-based simulation;    the MATREM system;   

DOI  :  10.3390/en12142765

来源: DOAJ

【 摘 要 】

Currently, in most European electricity markets, power bids are based on forecasts performed 12 to 36 hours ahead. Actual wind power forecast systems still lead to large errors, which may strongly impact electricity market outcomes. Accordingly, this article analyzes the impact of the wind power forecast uncertainty and the change of the day-ahead market gate closure on both the market-clearing prices and the outcomes of the balancing market. To this end, it presents a simulation-based study conducted with the help of an agent-based tool, called MATREM. The results support the following conclusion: a change in the gate closure to a time closer to real-time operation is beneficial to market participants and the energy system generally.

【 授权许可】

Unknown