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Electric power generation is the second-largest category of greenhouse gas emissions in California, next to transportation. California's administration, legislature, and energy regulators have adopted aggressive targets for renewable energy due to heavy reliance on natural gas as a fuel for electric generation, which will result in profound changes in markets and system operations. The growth of renewable...
The present transmission system was not designed to work efficiently as a means of delivering large amounts of renewable energy. Large amounts of wind energy and the RTO energy markets have increased the need for transmission to deliver energy off peak and improve the efficiency of the energy markets. Papers and reports have been written that describe the use of generation optimization and power system...
The simultaneous feasibility test (SFT) performs the network sensitivity analysis under the base case and contingency cases in power systems. This paper presents the practical implementation of the simultaneous feasibility test in the energy market. SFT calculation includes loss sensitivities and constraint shift factors either for E-nodes or P-nodes and the used reference is the distributed load...
Summary form only given: The need for a market based approach for reactive power procurement has been recognized by FERC. Due to the localized characteristic of reactive power, regulatory mechanisms are necessary to mitigate the possibility of holding market power by generators. The regulator is responsible for devising the regulatory mechanisms that provide incentives to generators to supply reactive...
As part of the CAISO market redesign, the Market Quality System (MQS) represents an important subsystem that manages the market result data, facilitates after-the-fact data corrections, and most importantly, computes the settlement needed intermediate results. Most of the intermediate results calculated by the MQS are the 5-minute based, granular, expected energy and allocation results per each expected...
Electricity markets are currently evolving to accommodate large scale penetration of wind generation. In this research, potential changes to the classification and role of wind generators in the Single Electricity Market (SEM), the market for Northern Ireland and the Republic of Ireland, are examined. The effect of wind generators opting to become price-making and the potential for wind generators...
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