Energy and ancillary services joint market simulation

• Type: Article in International Conference Proceedings Book
• Date: 2011

Authors

Soares, T (Author) Other; Morais, H (Author) Other; Canizes, B (Author) Other; Zita Vale (Author) Other

Conference proceedings International

Title: 2011 8th International Conference on the European Energy Market, EEM 11

Pages: 262-267

2011 8th International Conference on the European Energy Market, EEM 11

Zagreb, 25 May 2011 through 27 May 2011

Indexing

Scopus - 5 Citations

Other information

Authenticus ID: P-007-ZX5

DOI: 10.1109/eem.2011.5953020

Abstract (EN): In order to develop a flexible simulator, a variety of models for Ancillary Services (AS) negotiation has been implemented in MASCEM a multi-agent system competitive electricity markets simulator. In some of these models, the energy and the AS are addressed simultaneously while in other models they are addressed separately. This paper presents an energy and ancillary services joint market simulation. This paper proposes a deterministic approach for solving the energy and ancillary services joint market. A case study based on the dispatch of Regulation Down, Regulation Up, Spinning Reserve, and Non-Spinning Reserve services is used to demonstrate that the use of the developed methodology is suitable for solving this kind of optimization problem. The presented case study is based on CAISO real AS market data considers fifteen bids. © 2011 IEEE.

Language: English

Type (Professor's evaluation): Scientific