Monte Carlo simulation of district heating system short-term operation in electricity markets
نویسندگان
چکیده
منابع مشابه
Monte - Carlo simulation of electricity transmission system operation ⋆
One of basic system services that an electricity transmission system operator guarantees is power balance maintenance. The aim of this service is to keep power export/import to/from surrounding interconnected electricity transmission systems at a proposed value. The power quantity is a random variable. Therefore, a control strategy of the quantity consists in keeping amplitudes of a power balan...
متن کاملLoss of Load Expectation Assessment in Electricity Markets using Monte Carlo Simulation and Neuro-Fuzzy Systems
The power systems main emphasis is to provide a reliable and economic supply of electrical energy to the customers (Billinton & Allan, 1996). A real power system is complex, highly integrated and almost very large. It can be divided into appropriate subsystems in order to be analyzed separately (Billinton & Allan, 1996). This research deals with generation reliability assessment in power pool m...
متن کاملANN-based Short-Term Load Forecasting in Electricity Markets
This paper proposes an Artificial Neural Network (ANN)-based short-term load forecasting technique that considers electricity price as one of the main characteristics of the system load, demonstrating the importance of considering pricing when predicting loading in today’s electricity markets. Historical load data from the Ontario Hydro system as well as pricing information from the neighboring...
متن کاملOperation , Investment and Hedging in Electricity Markets
This paper develops hedging strategies for an electricity distributor in the Nordic electricity market who manages price and volume risk from fixed price agreements on stochastic electricity load. Whereas the distributor trades in the spot market at area prices, the financial contracts used for hedging are settled against the system price. Both the area price and the system price are correlated...
متن کاملApplication of an Improved Neural Network Using Cuckoo Search Algorithm in Short-Term Electricity Price Forecasting under Competitive Power Markets
Accurate and effective electricity price forecasting is critical to market participants in order to make an appropriate risk management in competitive electricity markets. Market participants rely on price forecasts to decide on their bidding strategies, allocate assets and plan facility investments. However, due to its time variant behavior and non-linear and non-stationary nature, electricity...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Energetika
سال: 2017
ISSN: 1822-8836,0235-7208
DOI: 10.6001/energetika.v63i3.3560