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Market Coupling as the Universal Algorithm to Assess Zonal Divisions [article]

Grzegorz Orynczak, Marcin Jakubek, Karol Wawrzyniak, Michal Klos
2014 arXiv   pre-print
Adopting a zonal structure of electricity market requires specification of zones' borders. In this paper we use social welfare as the measure to assess quality of various zonal divisions.  ...  The social welfare is calculated by Market Coupling algorithm.  ...  Market Coupling (MC) algorithm is used to control interzonal power flows and to calculate prices in zones given those flows.  ... 
arXiv:1405.0878v1 fatcat:b2jzo2mo2neu3nqyfrfyyej5he

The Scheme of a Novel Methodology for Zonal Division Based on Power Transfer Distribution Factors [article]

Michal Klos, Karol Wawrzyniak, Marcin Jakubek, Grzegorz Orynczak
2014 arXiv   pre-print
We introduce a theoretical basis of a novel clustering algorithm (BubbleClust) that fulfills these requirements and we perform a case study to illustrate social welfare consequences of the division.  ...  One of the methodologies that carry out the division of the electrical grid into zones is based on the aggregation of nodes characterized by similar Power Transfer Distribution Factors (PTDFs).  ...  Market Coupling (MC) algorithm is used to control inter-zonal power flows and to calculate prices in zones given those flows.  ... 
arXiv:1401.8192v3 fatcat:al3hcbhusneiveh5y3t2cihf7a

From nodal to zonal pricing: A bottom-up approach to the second-best

Barbara Burstedde
2012 2012 9th International Conference on the European Energy Market  
The proposed zonal configurations are tested for sensitivity to the number of zones and structural changes in the electricity market.  ...  Furthermore, dispatch and redispatch costs are computed to assess the costs of electricity generation and transmission.  ...  The foundation was neither involved in the collection, analysis and interpretation of the data, nor in writing the report or in the decision to submit the article for publication.  ... 
doi:10.1109/eem.2012.6254665 fatcat:lzncck5ebbgzroxi43dgn7w3wy

CFD Technology for Propulsion Installation Design—Forecast for the 80s

G. C. Paynter
1982 Journal of Engineering for Power  
Competition for the world aerospace market will continue to be intense through this oeing Military Airplane Company, decade.  ...  The aircraft industry will use CFD in this period to gain an advantageous eattle, WA market position by reducing the cost and risk of achieving viable configurations and removing the test derived data  ...  In the universities, steps are already being takenl to close the gap between the training and research provided by the universities and industrial needs.  ... 
doi:10.1115/1.3227352 fatcat:xym5dkbyj5al3mogn7vr7zmkau

Evaluating congestion management schemes in liberalized electricity markets using an agent-based simulator

T. Krause, G. Andersson
2006 2006 IEEE Power Engineering Society General Meeting  
Additionally, we assess the effects on the distribution of the surplus for producers and consumers as well as overall social welfare.  ...  The market is then cleared taking into account specific congestion management methods, such as locational marginal pricing (LMP), market splitting and flow-based market coupling.  ...  ACKNOWLEDGEMENTS The authors would like to thank the Projekt-und Studienfond der Elektrizitätswirtschaft (PSEL), Chambre romande d'énergieélectrique (RDP-CREE), Schweizerische Betriebsdirektorenkonferenz  ... 
doi:10.1109/pes.2006.1709123 fatcat:4d4web76fjcubl355ly43ad4fi

Forecasting The Italian Day-Ahead Electricity Price Using Bootstrap Aggregation Method

Murad Harasheh
2016 European Scientific Journal  
Given these facts, this paper is an attempt to establish and demonstrate a precision based applicable forecasting model for wholesale electricity prices with respect to the Italian power market on an hourly  ...  Artificial intelligence models such as neural networks and bagged regression trees are utilized, although they are rarely used to forecast electricity prices.  ...  Acknowledgment I would like to thank the participants in the "2016 commodity markets conference" held in Hannover University, Germany in June 2016, for their fruitful comments.  ... 
doi:10.19044/esj.2016.v12n28p51 fatcat:ebr65yprszdnjfvsk5ihzhveh4

Identifying Water Crossings in Rural Liberia and Rwanda Using Remote and Field-Based Methods

Kyle Shirley, Abbie Noriega, Davey Levin, Christina Barstow
2021 Sustainability  
The study described here details field-based methods for identifying pedestrian water crossings in rural Liberia and Rwanda, as well as remote methods, to evaluate their effectiveness and potential application  ...  for assessing future rural infrastructure networks.  ...  Acknowledgments: The authors would like to thank the governments of Liberia and Rwanda for their support and cooperation; the assessment teams that conducted field work in Liberia and Rwanda; staff at  ... 
doi:10.3390/su13020527 fatcat:ums56ejoevfjtlm5h662olyrma

Zoning Evaluation for Improved Coordinated Automatic Voltage Control

Varvara Alimisis, Philip C. Taylor
2015 IEEE Transactions on Power Systems  
Hierarchically structured automatic voltage control (AVC) architecture has attracted increased interest as networks operate closer to their capacity limits.  ...  Due to the inherent complexity of the task, it is based on reduced control models, i.e., simplified models of the system suitable for voltage control.  ...  ACKNOWLEDGMENT The authors would like to thank the reviewers, whose comments significantly helped to improve and clarify the paper.  ... 
doi:10.1109/tpwrs.2014.2369428 fatcat:3c4paeb5q5hjjcipfgimydugee

Payment Cost Minimization Auction for Deregulated Electricity Markets With Transmission Capacity Constraints

Feng Zhao, P.B. Luh, J.H. Yan, G.A. Stern, Shi-Chung Chang
2008 IEEE Transactions on Power Systems  
Deregulated electricity markets in the U.S. currently use an auction mechanism that minimizes total supply bid costs to select bids and their levels.  ...  To characterize LMPs that appear in the payment cost objective function, Karush-Kuhn-Tucker (KKT) conditions of economic dispatch are established and embedded as constraints.  ...  The difficulties of the latter result from its distinct feature that market-clearing prices explicitly appear in the objective function as decision variables in contrast to bid cost minimization where  ... 
doi:10.1109/tpwrs.2008.919404 fatcat:bj6vfot4jjcxnc3bdc7kgsc3hm

Fault Location Dependency of Short-Circuit Currents in MMC based Meshed HVDC Cable Systems

Anna Pfendler, Andreas Saciak, Jutta Hanson, Gerd Balzer
2019 2019 IEEE Milan PowerTech  
Cadorna railway station Connection with subway lines 1 and 2, train to Malpensa Airport T1 and T2 Milano Centrale railway station Connection with subway lines 2 and 3, train to Malpensa Airport T1 and  ...  T2 and buses to Linate and Orio al Serio Airports Porta Garibaldi railway station Connection with subway lines 2 and 5, with Passante Ferroviario (Urban Railway Lines) and train to Malpensa Airport T1  ...  to capture synergies and make the energy transition as affordable as possible.  ... 
doi:10.1109/ptc.2019.8810935 fatcat:nkvo2dg3fvejjm4srk3k23uwga

The Smartness Mandate: Notes toward a Critique

Orit Halpern, Robert Mitchell, Bernard Dionysius Geoghegan
2017 Grey Room  
assumptions and techniques that taught policy makers in the 1970s to take advantage of crises to downsize government and deregulate in order to extend the "rationality" of the free market to as many areas  ...  , our point is not that smartness happens in places such as freetrade zones but that smartness aims to globalize the zonal logic, or mode, of space.  ... 
doi:10.1162/grey_a_00221 fatcat:oi2ozweg4bbapo7vm7t7tjsk44

Healthcare Reform and Gender Specific Child Investment in Developing Countries

Juergen Jung, Vinish Shrestha
2020 Social Science Research Network  
at the economic research seminar at Towson University for helpful comments.  ...  By using healthcare quality measures of health posts that provide primary healthcare as well as a constructed cost measure for accessing hospitals that provide tertiary (curative) care, we evaluate the  ...  Figure 3 : 3 Zonal Divisions in Nepal Note: The zonal divisions are indicated by respective colors at the legend. The 75 districts are separated in the map by their boundaries.  ... 
doi:10.2139/ssrn.3623454 fatcat:qrz6j27kx5c3hexbapmvxiauku

Towards Least-CO2 Ferry Routes in the Adriatic Sea

Gianandrea Mannarini, Lorenzo Carelli, Josip Orović, Charlotte P. Martinkus, Giovanni Coppini
2021 Journal of Marine Science and Engineering  
For a case study in winter, carbon intensity reductions up to 11% were computed with respect to least-distance routes between the same couple of ports of call.  ...  The speed loss in waves and the CO2 emission rate of a medium size Ro-Pax ship were obtained from a coupled command-bridge engine-room simulator.  ...  The funders had no role in the design of the study; in the collection, analyses, or interpretation of data; in the writing of the manuscript, or in the decision to publish the results.  ... 
doi:10.3390/jmse9020115 fatcat:j6zqtqw4prgexijzqesocfyblm

The Vessel Schedule Recovery Problem (VSRP) – A MIP model for handling disruptions in liner shipping

Berit D. Brouer, Jakob Dirksen, David Pisinger, Christian E.M. Plum, Bo Vaaben
2013 European Journal of Operational Research  
We propose a divisible load model and give an algorithm for scheduling multilayer divisible computations. The algorithm is tested experimentally.  ...  The problem is framed as a multi-indicator assessment and is solved using a minimal cost objective.  ...  -Optimal Dynamic Tax Evasion: A Portfolio Approach Francesco Menoncin, Economics, Brescia University, Via S. Faustino, 74/B, 25122, Brescia, Italy, menoncin@eco.unibs.it, Rosella Levaggi  ... 
doi:10.1016/j.ejor.2012.08.016 fatcat:c27kagfnxnhjfbil2rydhjhomm

e4clim 1.0: The Energy for a Climate Integrated Model: Description and Application to Italy

Alexis Tantet, Marc Stéfanon, Philippe Drobinski, Jordi Badosa, Silvia Concettini, Anna Cretì, Claudia D'Ambrosio, Dimitri Thomopulos, Peter Tankov
2019 Energies  
Specifically, to limit the algorithm's complexity, we avoid solving a full-mix cost-minimization problem by taking the mean and variance of the renewable production–demand ratio as proxies to balance services  ...  We illustrate e4clim's potential with an optimal recommissioning-study of the 2015 Italian PV-wind mix testing different climate data sources and strategies and assessing the impact of climate variability  ...  Other metrics such as the skewness could be considered and links to the micreconomic theory of energy markets made. .  ... 
doi:10.3390/en12224299 fatcat:bzxgdrxdsncufiieiqawgzt7uy
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