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The OPTIMATE1 platform focuses on electricity system and market designs modelling in order to assess current and innovative designs in Europe. The current paper describes the results of the first validation studies' conducted with the tool. These studies deal with day-ahead market rules, load flexibility, cross-border management and intermittent renewable support schemes with a view to better integrating...
Balancing services in Belgium and the Netherlands are procured and activated locally so far. However, the implementation of cross-border balancing trade between both countries is expected to entail significant benefits. The assessment in this paper illustrates that the implementation of a cross-border balancing market between Belgium and the Netherlands is a lucrative and achievable goal that does...
Following initiatives on the day-ahead and intra-day stage, a cross-border approach towards real-time balancing constitutes a logical next step in the process towards an Internal Electricity Market (IEM) in Europe. Determining the real-time price for energy on which market parties need to be able to rely for last resort supply, well designed cross-border balancing markets are a key element in an efficiently...
This paper aims at assessing the impact of massive wind power penetration on the calculation of ATC. Calculations are made for the ATC between France and Belgium and are realized on a realistic European Electricity Network. We find that the German wind power production make this ATC vary depending on the total wind power production and its geographical distribution in Germany. Wind power production...
This paper proposes a model and preliminary results to evaluate the efficiency of anticipating the connection of power plants with shorter construction duration than the time needed to obtain the right to upgrade the network and finally to do this reinforcement. This evaluation is made in presence of a cost of anticipation related to the study of the project of network investment and to the administrative...
To supply Quality Service is the main goal of the electricity distribution sector, but the diversity and characteristics of the distribution networks pose a huge problem of regulation to be studied. This paper establishes a theoretical framework for technical-economic analysis on quality regulation in electricity distribution sector. Depending on the regulation model, the Quality of Electricity is...
On the basis of a study of long-term gas contracts, we have underscored the existence of a contract lifecycle in the case of a new relationship requiring investments in infrastructure with asset specificity. The existence of this contractual lifecycle contributes an important rational dimension to our understanding of the appearance of divergent interests and eventual conflicts between the upstream...
To supply quality service is the main goal of the electricity distribution sector, but the diversity and characteristics of the distribution networks pose a huge problem of regulation to be studied. This paper establishes a theoretical framework for technical-economic analysis on quality regulation in electricity distribution sector. Depending on the regulation model, the quality of electricity is...
Game theory and agent-based economics approaches have been used to study imperfect competition in electricity markets. In this paper these two approaches are firstly described and compared using a simple text book example. Simulations show that the two approaches converge to the same outcome when unique Nash equilibrium exists and assumptions in the game theory approach are realistic. Finally, a 3...
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