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In this paper, some possible causes for the activation of remedial actions are touched upon, seen within the light of the zonal-based market design in Europe. Supported by a small test case, an efficient and fair principle for cost-sharing of cross-zonal redispatch is proposed, that is in line with the European target model for capacity calculation and allocation. The developed cost sharing key for...
The European energy market is based on the zonal system. This implies that only exchanges between the bidding zones are subject to an allocation mechanism. The key question in bidding zone delimitation is which exchanges need to be subject to an allocation mechanism, and which exchanges can be left outside the allocation mechanism. In the recent years, tremendous progress has been made by CWE and...
A new methodology is proposed for the contingency analysis of power systems with a high penetration of stochastic generation. The essence of the proposed technique is the use of a probabilistic risk measure for the security assessment of the N subsystems deriving from the application of the N-1 criterion. This measure, namely the stochastic stress of the system, corresponds to the concurrent behavior...
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