Modelling start-up costs of multiple technologies in electricity markets

Evaluation of Energy Storage Technologies and Applications Pinpointing Renewable Energy Resources Intermittency Removal

Renewable energy sources (RES), especially wind power plants, have high priority of promotion in the energy policies worldwide. An increasing share of RES and distributed generation (DG), should, as has been assumed, provide improvement in reliability of electricity delivery to the customers. Paper presented here concentrates on electricity storage systems technologies and applications pinpoint...

Evaluation of Energy Storage Technologies and Applications Pinpointing Renewable Energy Resources Intermittency Removal

Renewable energy sources (RES), especially wind power plants, have high priority of promotion in the energy policies worldwide. An increasing share of RES and distributed generation (DG), should, as has been assumed, provide improvement in reliability of electricity delivery to the customers. Paper presented here concentrates on electricity storage systems technologies and applications pinpoint...

Equilibrium prices supported by dual price functions in markets with non-convexities

The issue of finding market clearing prices in markets with non-convexities has had a renewed interest due to the deregulation of the electricity sector. In the day-ahead electricity market, equilibrium prices are calculated based on bids from generators and consumers. In most of the existing markets, several generation technologies are present, some of which have considerable non-convexities, ...

Costs of Integrating demand response Systems in electricity Markets

As a consequence of an increasing share of renewable energies, balancing electricity production and delivery requires efficient electricity markets. At the heart of electricity markets are Information Systems (IS) that coordinate demand and supply in real-time. IS has recently opened up an alternative towards increasing the efficiency of electricity markets by managing demand side resources; i....

Modelling Dynamic Constraints in Electricity Markets and the Costs of Uncertain Wind Output