Transmission capacity allocation in European electricity markets
Sponsor: Université catholique de Louvain
The allocation of transmission capacity in day-ahead power system operations is a key driver of efficient system performance, due to its impact on the scheduling of thermal units in day-ahead operations. Aiming at improving this performance, the Central Western European electricity market recently transitioned to the so-called flow-based market coupling design for allocating transmission capacity. The evaluation of this shift requires a precise modeling of idiosyncratic European day-ahead and real-time operations, and the important role of active network management in alleviating congestion. We conduct this analysis by developing (i) a best-case modeling framework of zonal operations which does not depend on discretionary parameters (such as aggregate line capacities), and (ii) a computational infrastructure for simulating a realistic instance of the European system for a wide range of operating conditions.
- I. Aravena, and A. Papavasiliou. "Renewable Energy Integration in Zonal Markets
". IEEE Transactions on Power Systems, vol. 32, no. 2, pp. 1334-1349, March 2017.
- J. Han, A. Papavasiliou. "Congestion Management through Topological Corrections: A Case Study of Central Western Europe
". Energy Policy, vol. 86, pp. 470-482, November 2015.
- Workshop on Flexible Operation and Advanced Control for Energy Systems, "Transmission Capacity Allocation in Zonal Electricity Markets
", Cambridge University, England, January 9, 2019.