European University Institute Library

Impact on reserves and energy delivery of current UC-based market-clearing formulations, German Morales-España, Javier García-González and Andrés Ramos

Label
Impact on reserves and energy delivery of current UC-based market-clearing formulations, German Morales-España, Javier García-González and Andrés Ramos
Language
eng
Abstract
Reserves are playing each time a more important role due to the massive penetration of renewable energy sources nowadays. Operating reserves must be used for unforeseen events. All predictable events must be directly considered in the scheduling stage otherwise there will be an inefficient and unnecessary use of reserves that increases system operation costs and can even endanger the power system security. This paper presents a qualitative assessment of some widely used implicit assumptions in Unit Commitment (UC)-based Market-Clearing (MC) formulations. We show evidence of the impact on reserves and system security due to considering the use of energy blocks in the MC. In addition to this, we present the consequences on the reserve deployment due to the underlying accepted assumptions in UC-based MC formulations. Finally, we give some recommendations which must be incorporated in UC-based MC formulations in order to schedule and use the operating reserves efficiently
Bibliography note
Includes bibliographical references
Index
no index present
Literary Form
non fiction
Main title
Impact on reserves and energy delivery of current UC-based market-clearing formulations
Oclc number
827953718
Responsibility statement
German Morales-España, Javier García-González and Andrés Ramos
Series statement
EUI working papers. RSC, 2012/57EUI papersLoyola de Palacio Programme on Energy Policy
Content
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