Financial Transmission Rights Perform Well in Power Markets with High Penetration of Wind Energy?

被引:0
|
作者
Yu, Yang [1 ]
Rajagopal, Ram [1 ]
机构
[1] Stanford Univ, Dept Civil & Environm Engn, Stanford, CA 94305 USA
关键词
Financial Transmission Right; Wind Power; Stochastic Market Model; Transmission Congestion; NETWORKS;
D O I
暂无
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
We investigate the impact of FTR in a grid with high penetration of renewables. In particular, we consider a two stage stochastic model with strategic market players and different forms of FTR and WPP integration policies. The proposed model captures startup and ramping constraints as well as information constraints faced by the SO and the market players. Based on this model we examine the impact of FTR and evaluate the extent to which FTRs hedge against price risk from transmission congestion under the current protocol that Wind Power Producers(WPPs) are allowed to participate in the real-time market. We also suggested a protocol to solve the revenue adequacy problem caused by the current protocol.
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页数:6
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