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In power system, spinning reserve is one of the important indicators of power system security. Regarding spinning reserve as an important factor, spinning reserve cost has been appropriated highly. This paper proposes a method for decreasing spinning reserve cost using demand respond (DR) program. The effect of DR is focused on the aspect of decrease effect of spinning reserve cost. In order to present...
This paper aims at understanding and assessing the main methods proposed by ETSO and EuroPEX to define and allocate interconnection capacities in Europe. We model these methods and evaluate their technical and economic efficiency on a 7-node network. We find first, that, unsurprisingly, the allocation methods are all the more efficient as the Kirchhoff laws are integrated more precisely in the market...
In this paper, we propose a method to decompose market clearing price (MCP) for Japanese electricity market (single price auction market), i.e., MCP is divided into a variety of components corresponding to the concerned factors, such as bidding curves, transmission congestion, voltage limitations and other constraints. The decomposition is unique and components in MCP are identical to their increment...
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