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This paper investigates a pricing model for an electricity market with a hybrid congestion management method, i.e. part of the system applies a nodal pricing scheme and the rest applies a zonal pricing scheme. The model clears the zonal and nodal pricing areas simultaneously. The nodal pricing area is affected by the changes in the zonal pricing area since it is directly connected to the zonal pricing...
The delimitation of bidding areas and the overall European congestion management have been heavily discussed in the recent years. Although main evaluation criteria are defined in the network code on congestion management, the question of adequate or optimized bidding area delimitations remains open. Thus, this paper presents an approach for an optimized delimitation of bidding areas based on a clustering...
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...
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