Bidding and managing congestion across multiple electricity spot markets

Marinakis, Adamantios; Bakirtzis, Anastasios; Van Cutsem, Thierry

doi:10.1109/EEM.2009.5207152

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Bidding and managing congestion across multiple electricity spot markets

Marinakis, Adamantios; Bakirtzis, Anastasios; Van Cutsem, Thierry

2009 • In Proc. 6th Intern. Conference on the European Energy Market

Peer reviewed

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https://hdl.handle.net/2268/25360

DOI
10.1109/EEM.2009.5207152

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Keywords :

electricity spot markets; congestion management; market coupling; overlapping markets

Abstract :

[en] The possibility for market participants to place their bids in markets where they are not geographically located is investigated in this paper. A framework for managing the resulting congestion is proposed. The procedure is illustrated and commented on a test system.

Disciplines :

Electrical & electronics engineering

Author, co-author :

Marinakis, Adamantios ; Université de Liège - ULiège > Dép. d'électric., électron. et informat. (Inst.Montefiore) > Systèmes et modélisation

Bakirtzis, Anastasios

Van Cutsem, Thierry ; Université de Liège - ULiège > Dép. d'électric., électron. et informat. (Inst.Montefiore) > Systèmes et modélisation

Language :

English

Title :

Bidding and managing congestion across multiple electricity spot markets

Publication date :

May 2009

Event name :

6th Intern. Conference on the European Energy Market

Event organizer :

KUL

Event place :

Leuven, Belgium

Event date :

May 27-29, 2009

Audience :

International

Main work title :

Proc. 6th Intern. Conference on the European Energy Market

Peer reviewed :

Peer reviewed

Additional URL :

http://www.ieeexplore.com

Funders :

F.R.S.-FNRS - Fonds de la Recherche Scientifique

Available on ORBi :

since 09 October 2009

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Bibliography

"Development and Implementation of a Coordinated Model for regional and Inter-regional Congestion Management", ETSO-EuroPex Interim Report, April 2008, http://www.etso-net.org
O. Gjerde, J. Bogas, A. DiCaprio, O.B. Fosso, S. Cisneiros, M. Uusitalo, "Congestion management: The system operators challenge to balance transmission transfer capacity with an acceptable security level", CI-GRE/IEEE PES International Symposium, pp. 120-127, 2005.
BELPEX, APX, Powernext, "Trilateral Market Coupling: Algorithm Appendix", March 2006, available online: http://www.belpex.be/uploads/ media/Algorithm-Appendix-v4.6-PPO-adaptations-final.pdf
"Implementation Study: A report for the MoU signatories on the design of the market coupling solution in the Central West European (CWE) region, by the CWE MC Project", August 2008, available online: http://www.apxgroup.com/uploads/media/Implementation-Study-with-Logo-ta.pdf
L. Vandezande, L. Meeus, R. Belmans, "The next step in the Central Western European electricity market: cross-border balancing", Bourses d'énergie, no. 1, pp. 19-24, March 2008.
Shangyou Hao, "Decentralized Approach to Intermarket Congestion Management", IEEE Transactions on Power Systems, vol. 20, no. 2, pp. 675-683, May 2005.
R.D. Christie, B.F. Wollenberg, I. Wangensteen, "Transmission Management in the Deregulated Environment", Proceedings of the IEEE, vol. 88, is. 2, pp. 170-195, Feb. 2000.
Kai Liu, Yixin Ni, Felix F. Wu, T.S. Bi, "Decentralized Congestion Management for Multilateral Transactions Based on Optimal Resource Allocation", IEEE Transactions on Power Systems, vol. 22, no. 4, pp. 1835-1842, November 2007.

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