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In liberalized power markets, balance responsibility and imbalance settlement are two closely related elements that constitute the heart of a balancing market (which is actually an institutional arrangement establishing market-based balancing). This paper aims to compare balance responsibility and imbalance settlement in the Nordic region, Germany, and the Netherlands. For this purpose, an overview...
This article presents the solutions adopted by Red Eleacutectrica de Espantildea (REE) in its software, LOLA, developed with the main purpose of calculating the probabilistic demand coverage indices LOLE-Loss Of Load Expectation- and EDNS-Expected Demand Not Supplied- for the 10 Spanish extrapeninsular electric systems, making it possible to assess system adequacy through a non deterministic approach...
The aim of the paper is to study the optimal participation of wind energy in day ahead and intraday markets. Due to the intermittent nature and the low predictability of wind power, this participation may imply large deviations from the initial schedule, which lead to a cost that has to be borne by the wind farm owner. By means of short term wind power prediction programs, these losses may be reduced,...
Rail transport is a highly energy efficient transport mode. Nevertheless the sector decided to reduce supplementary their specific CO2-emissions with 20% by 2020. To be able to measure the results of such programs started up to reduce the emissions and the energy consumption, it is necessary to know what each end customer has consumed. So it is also needed to know the energy consumption of trains...
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