Data management for the electricity market (original) (raw)
Information Systems for Improving Competition in Deregulated Electricity Market
2000
This article intends to reflect the dynamism of the process of liberalization currently taking place in the Spanish and European electricity sector. It expresses the need for the utilization of an information system which may help companies in this sector make swifter purchases, sales and bids, study market trends, in addition to facilitating cost studies and forecasts for the distribution and regulation of energy. It presents software developed for that purpose and the experiences of companies of the sector.
2014
retains for itself, and others acting on its behalf, a paid-up, nonexclusive, irrevocable worldwide license in said article to reproduce, prepare derivative works, distribute copies to the public, and perform publicly and display publicly, by or on behalf of the Government.
The Economics of Electricity Markets, 2013
Trading electricity in a similar way to other commodities requires special arrangements. Transaction costs are reduced by product standardisation, and a central agent, the system operator, ensures that production and consumption match on a constant basis regardless of actions by gener ators and consumers. Figure 2.1 illustrates the typical timeline of electricity transactions. In this chapter we discuss transactions taking place in wholesale electricity markets, splitting them into two groups: electricity market transactions and transactions related to system operations. 2.1.1 Electricity Market Transactions This group includes transactions taking place between market participants up until shortly before the actual time production and consumption take place, which is referred to as the 'real time'. We refer to the broad range of such transactions as 'market transactions'. All the market transactions are forward transactions, because they take place before the time of delivery. They are concluded between years Time Forward trading (Long term, Day-ahead, Intraday) Reserve procurement, Congestion management, Balancing Gate closure Electricity market transactions System operations Imbalance settlement Real time Figure 2.1 Timeline of electricity transactions
MASCEM: a multiagent system that simulates competitive electricity markets
IEEE Intelligent Systems, 2003
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The conundrums facing Australia's national electricity market
Economic Papers: A Journal of Applied Economics and Policy, 2006
Australia's national electricity market (NEW is national in name only. It is eight years since the NEMcommenced and the objective of a fully competitive market has not been reached. The NEM's structural characteristics, shaped strongly although not exclusively by its evolving regulatory regime, have created the exact antithesis. This paper examines the NEM's key structural characteristics, the consequential pricing and investment outcomes and the conundrums posed for governments and regulators elucidating the reasons why a fully competitive NEM-beyond an increased number of buyers and sellers, and choice of supplier for all consumers-can not be attained without substantial changes.
Measuring Market Power in Wholesale Electricity Italian Market
SSRN Electronic Journal, 2008
In the new deregulated competitive Italian electric power market many competitive entities with different goals have replaced the old centralized decision making of the monopolistic environment. In this new contest many interesting issues arise as the market complexity, the firm strategic behavior, the market power size, and so on. Similar to other countries (Newbery, 2005), the Italian market has been organized as a sequence of a dayahead market, an adjustment market and a despatching resource market (Ancillary services market). The first market yields a system marginal price for each zone in which the market is separated due to network congestion (excess of physical transmission capacity), based on supply and demand bids. In the adjustment market, generators and loads submit offers/bids to correct parts of schedules which cannot be implemented due to technical constraints. Ancillary service market is a single market for procuring congestion relieve resources and for creating adequate secondary and tertiary control reserve margin. In this market resources are valued on a pay-as-bid basis. Other features of the market are: (i) in the period April-December 2004 only suppliers participated into the market, while demand was (inelastically) represented by the TSO; (ii) in January 2005 active demand bids entered in to the market, with the TSO being able to integrate bids if total market demand is "too different" from day-ahead forecast used for security management; (iii) in January 2005 the Single Buyer was instructed to use contract for differences (cfd) extensively and buy into the market. As a result, market liquidity rose to above 60%, due to Single Buyer dimension. (iv) Energy Authority enacted a market surveillance mechanism aimed at discouraging producers quantity withholding strategies, essentially "threatening" a "pay-as-bid" rather than "system marginal price" energy payment to a supplier, who withholds quantity aimed at exercising market power. Recently, this provision was repealed due to a Court decision. The aim of this paper is twofold.
2020
This paper describes the work performed to define the characteristics, functionalities and potential<br> algorithms in order to ensure the interoperability of the different markets and platforms developed<br> by TSOs and DSOs across Europe:<br> 1- Specification: Definition of the overall system architecture to be implemented in each<br> demonstration site.<br> 2- Market block: Definition of the relation between central, regional and local markets, as well as<br> the structure (bidding times, market horizon, clearing frequency, etc.) and clearing algorithms<br> for them.<br> 3- Network block: Description of network monitoring and operation tools to determine the needs<br> of system operators. Identification, upon existing tools for monitoring and operating<br> distribution and transmission grid, of the generic requirements and functionalities of these tools. The purpose of these tools is the identification of grid issues whi...
Design of demand management programs for the efficient use of electricity by industrial users.pdf
Ingeniería y Competitividad, 2017
Since October 2015 Colombia has suffered a shortage in the capacity to generate electricity due to the significant reduction in the levels of rainfall, a consequence of the climatic phenomenon of El Niño. The drought has caused a possible threat of rationing and the intervention by the regulator which is encouraging the voluntary reduction of energy consumption. This article proposes to use strategies for obtaining data known as ALL DATA to design demand management programs (DMP) in industrial users. It establishes that the data used must come from technical, economic, social and environmental aspects, so you can have a holistic aspect involved in the consumption of energy. In addition, it is proposed that the data obtained be supplied by the main agents that make up the marketing chain of electrical energy and finally, to identify the activities that would be developed by the DMP agent using the ALL DATA strategies to ensure the effective strategies in saving energy will continue over time.
Electronic Marketing Management in Power Systems
International Journal of Computer Applications, 2013
In this paper, the importance of E-marketing, its relation with Ecommerce and its differences with classical marketing in power systems will be discussed. In addition, moving toward privatization, defining Marketing Budget, recognizing the target markets in power systems and the principles of electronic marketing including attracting the customers, developing interests, tendency toward buying the products are the other topics that will be discussed. Furthermore, in the following, the strategy of the web designing of the companies related to power systems based on the principles of electronic marketing including: building trust, helping customers, keeping the products and the websites up to date will be mentioned.