16 november 2015 delft university of technology electrical power system essentials et2105 electrical...
TRANSCRIPT
20 April 2023
DelftUniversity ofTechnology
Electrical Power System Essentials
ET2105 Electrical Power System EssentialsDr.ir. Pieter Schavemaker
Electricity Markets
27. Electricity Markets | 13
Electrical Power System Essentials ET2105
Concepts of The E-market
• Possible and desirable to separate the transportation from the thing transported
• Electricity product
• Transmission service
37. Electricity Markets | 13
Electrical Power System Essentials ET2105
E-market Other Markets
• Buyers and sellers agree on a price
• 1 Big difference:Electricity cannot be stored in large quantities impact on prices
• Factors that complicate the ‘product’
• Electricity cannot be labelled• Power flows cannot be controlled by financial instruments
47. Electricity Markets | 13
Electrical Power System Essentials ET2105
Organization
tradetrade
exportexportimportimport
primaryprimaryenergyenergy productionproduction
consumptionconsumption
transmission & distributiontransmission & distribution
system servicessystem services
57. Electricity Markets | 13
Electrical Power System Essentials ET2105
PX – Power eXchangeDAM – Day Ahead Market
67. Electricity Markets | 13
Electrical Power System Essentials ET2105
Market Clearing
0
10
20
30
40
50
60
70
80
90
0 50 100 150 200 250 300
Volume [MWh]
Pri
ce [
Eu
r]
MCV
MCP
77. Electricity Markets | 13
Electrical Power System Essentials ET2105
APX
87. Electricity Markets | 13
Electrical Power System Essentials ET2105
The Single Electricity Market
Goal:Maximize the socialwelfare in Europe
97. Electricity Markets | 13
Electrical Power System Essentials ET2105
Social Welfare
Quantity
QNL
Price
PNL
NL
demand
supply
Quantity
Price
PDE
DE
demand
supply
QDE
Social welfare =
benefits of the buyers - costs of the sellers
107. Electricity Markets | 13
Electrical Power System Essentials ET2105
Increase the Social Welfareby Import and Export
DE: export
Price
demand
supply
Quantity
PDE
QDE
PDE*
QDE*
Price
PDE
Export
Import
Net export curve
117. Electricity Markets | 13
Electrical Power System Essentials ET2105
Increased Social Welfareby Import and Export
Price
ExportImport
DE
NL
NL
ImportExport
P*
Q*
127. Electricity Markets | 13
Electrical Power System Essentials ET2105
If the Interconnector Capacity is not Sufficient . . .
Price
ExportImport Q* = ATC
DE
NL
ImportExport
PNL*
PDE*
137. Electricity Markets | 13
Electrical Power System Essentials ET2105
Congestion management
congestionmanagement
non-market based market based
implicit auction
zonal pricing
market coupling market splitting
nodal pricing
explicit auctions