Imbalance settlement evaluation for China's balancing market design via an agent-based model with a multiple criteria decision analysis method
Sign Up to like & getrecommendations! Published in 2020 at "Energy Policy"
DOI: 10.1016/j.enpol.2020.111297
Abstract: Constructing spot markets is the core objective of the new round of electricity market reform kicked off in 2015 in China. A balancing market, as a critical part of a spot market, is an institutional… read more here.
Keywords: imbalance settlement; design; market; balancing market ... See more keywords
Very-Short-Term Probabilistic Forecasting for a Risk-Aware Participation in the Single Price Imbalance Settlement
Sign Up to like & getrecommendations! Published in 2020 at "IEEE Transactions on Power Systems"
DOI: 10.1109/tpwrs.2019.2940756
Abstract: The single imbalance pricing is an emerging mechanism in European electricity markets where all positive and negative imbalances are settled at a unique price. This real-time scheme thereby stimulates market participants to deviate from their… read more here.
Keywords: imbalance settlement; risk; price; short term ... See more keywords