A new swing-contract design for wholesale power markets

• Tác giả: Leigh Tesfatsion
• Ngôn ngữ: eng
• ISBN-13: 978-1119670131
• Ký hiệu phân loại: 333.79323 Land, recreational and wilderness areas, energy
• Thông tin xuất bản: Hoboken, New Jersey : Wiley-IEEE Press, 2021.
• Mô tả vật lý: 1 PDF.
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 314849
• Chủ đề: 1. Electric utilities--Costs; 2. Electric utilities; 3. Options (Finance)

Tóm tắt

"Growing reliance on variable energy resources and greater encouragement of demand-side participation have led to greater volatility and uncertainty in real-time net load (i.e., electric power usage net of non-dispatchable generation). This, in turn, has led to a greater need for the flexible provision of reserve (dispatchable power paths) to ensure net load can be balanced in real-time operations, an essential requirement for reliable transmission grid operations. This greater need for flexible reserve provision has been difficult for current wholesale electric power markets to meet, given the rigidities and conceptual problems inherent in their design."-- Provided by publisher.