Distributed Load-Shedding in the Balancing of Electricity Markets

DSpace/Manakin Repository

Show simple item record

dc.contributor.author CRAMPES, Claude
dc.contributor.author LEAUTIER, Thomas-Olivier
dc.date.accessioned 2012-09-19T14:32:01Z
dc.date.available 2012-09-19T14:32:01Z
dc.date.issued 2012
dc.identifier.issn 1028-3625
dc.identifier.uri http://hdl.handle.net/1814/23854
dc.description.abstract Thanks to "smart grids", consumers will gradually become active players in electricity markets, especially by voluntarily decreasing their consumption when receiving scarcity messages from the market operator. For a fast and efficient transition to a more dynamic industry, the regulatory and pricing scheme used both for the endowment of consumers with curtailment rights and the exercise of the options must decentralize the socially optimal dispatching. In particular, the options must be acquired at the retail price. This price is to be an income for the suppliers of energy who have defaulted or who have been withdrawn from the initial dispatch. When exercised, the options of load shedding are to be rewarded at the wholesale price paid by defaulting producers. The volume of the options must be allocated to each consumer taking into account his ability to manipulate information on his profile of consumption and his ability to modify the profile. en
dc.format.mimetype application/pdf
dc.language.iso en en
dc.relation.ispartofseries EUI RSCAS en
dc.relation.ispartofseries 2012/40 en
dc.relation.ispartofseries Loyola de Palacio Programme on Energy Policy en
dc.rights info:eu-repo/semantics/openAccess
dc.subject Energy efficiency en
dc.subject Load management en
dc.subject Industrial economics en
dc.subject Power generation economics en
dc.subject Supply and demand en
dc.subject Innovation management en
dc.title Distributed Load-Shedding in the Balancing of Electricity Markets en
dc.type Working Paper en
eui.subscribe.skip true

Files in this item

This item appears in the following Collection(s)

Show simple item record