A Framework for Assessing Electricity Market Performance under Different Bidding Zone Configurations

被引:0
|
作者
Wu, Haoke [1 ]
Huang, Tao [1 ]
Conti, Stefania [2 ]
Bompard, Ettore [1 ]
机构
[1] Politecn Torino, DOE, I-10129 Turin, Italy
[2] Univ Catania, Dept Elect Elect & Comp Engn, I-95123 Catania, Italy
关键词
market zonal configuration; market performance assessment; market-clearing mechanisms; PRICE ZONES; OPTIMIZATION; MODEL;
D O I
10.3390/en17112743
中图分类号
TE [石油、天然气工业]; TK [能源与动力工程];
学科分类号
0807 ; 0820 ;
摘要
Improper configuration of bidding zones can lead to market efficiency losses, hinder the integration of renewable energy sources (RESs), and reduce grid security. To evaluate the impact of different bidding zone configurations on market performance, we developed a multi-dimensional evaluation framework containing a series of indicators covering aspects of market efficiency, grid security, and sustainability. These indicators facilitate the comparisons among different market dispatch mechanisms. To validate the proposed framework, the reconfiguration of the Italian bidding zones has been applied to a simplified Italian grid model to compare the market performance under different bidding zone configurations. The simulation results indicate that the implemented reconfiguration has led to enhanced market efficiency and security in the Italian power system. However, the reconfiguration shows a comparatively lower reduction in greenhouse gas (GHG) emissions, suggesting a weaker sustainable performance.
引用
收藏
页数:16
相关论文
共 50 条
  • [1] The impact of bidding zone configurations on electricity market outcomes
    Van den Bergh, Kenneth
    Wijsen, Christoph
    Delarue, Erik
    D'haeseleer, William
    2016 IEEE INTERNATIONAL ENERGY CONFERENCE (ENERGYCON), 2016,
  • [2] Impact of bidding zone re-configurations on electricity prices: Evidence from Sweden
    Loiacono, Luisa
    Rizzo, Leonzio
    Stagnaro, Carlo
    ENERGY ECONOMICS, 2025, 141
  • [3] An operational bidding framework for aggregated electric vehicles on the electricity spot market
    Visser, L. R.
    Kootte, M. E.
    Ferreira, A. C.
    Sicurani, O.
    Pauwels, E. J.
    Vuik, C.
    van Sark, W. G. J. H. M.
    AlSkaif, T. A.
    APPLIED ENERGY, 2022, 308
  • [4] Key Performance Indices to Monitor Bidding Behaviors in Electricity Market
    Liu Dun-nan
    Wu Ya-guang
    Jiang Xiao-liang
    He Guang-yu
    Zhang Hua-qing
    2006 IEEE/PES POWER SYSTEMS CONFERENCE AND EXPOSITION. VOLS 1-5, 2006, : 1156 - +
  • [5] Bidding Behavior in the Housing Market under Different Market Regimes
    Olaussen, Jon Olaf
    Oust, Are
    Sonstebo, Ole Jakob
    JOURNAL OF RISK AND FINANCIAL MANAGEMENT, 2018, 11 (03):
  • [6] Market zone configuration under collusive bidding among the conventional generators and renewable energy sources in the day-ahead electricity market
    Lin, Xueshan
    Huang, Tao
    Wu, Haoke
    Bompard, Ettore F.
    Wang, Beibei
    ELECTRIC POWER SYSTEMS RESEARCH, 2024, 232
  • [7] The Value of Probabilistic Forecasts for Electricity Market Bidding and Scheduling Under Uncertainty
    Beykirch, Mario
    Bott, Andreas
    Janke, Tim
    Steinke, Florian
    IEEE TRANSACTIONS ON POWER SYSTEMS, 2024, 39 (06) : 6986 - 6997
  • [8] Assessing the impact of a demand-resource bidding market on an electricity generation portfolio and the environment
    Hyun, Minwoo
    Kim, Yeong Jae
    Eom, Jiyong
    ENERGY POLICY, 2020, 147
  • [9] The Merit-Order Effect on the Swedish bidding zone with the highest electricity flow in the Elspot market
    Macedo, Daniela Pereira
    Marques, Antonio Cardoso
    Damette, Olivier
    ENERGY ECONOMICS, 2021, 102
  • [10] Optimal day-ahead electricity market bidding considering different ancillary services
    Fjelldal, Bjrnar
    Nafstad, Sjur Messel
    Klreboe, Gro
    2014 11TH INTERNATIONAL CONFERENCE ON THE EUROPEAN ENERGY MARKET (EEM), 2014,