Long term energy planning and security of supply under new market conditions: Czech power industry example
Relevant issues concerned with primary energy resources availability or accessibility is only one perception of the term security of energy supply. The second one is the wide range of issues concerned with reliability of the electric power system. Interconnection between control areas were traditionally developed so as to increase reliability, reduce the reserve margin, facilitate least-variable costs of generation meeting demand. More recently transmission is also perceived as an infrastructure for enhanced electricity trade. But, liberalization and introduction of a competitive electricity market is a reality. In a liberalized and open competitive market the demand for a reliable, secure and functional market place is the key issue. Innovative market tools, the growing number of market participants probably bring more difficulties to manage them. For example, take-or-pay contracts and/or purchase of capacity without predetermined utilization will bring forward problems to the system operator and increasing demand, esp. for regulation power and reserve capacity respectively. The changes bring new challenges not only for industry players and customers, but will be extremely demanding for newly established or only re-established system operators. The system operator has to define and introduce efficient neutral mechanism that will enhance competition without jeopardizing system security and reliability. Modeling of the power system operation hour-per-hour, using a Monte-Carlo simulation for random forced outages of units and merit order based commitment and dispatch provides results for ancillary services standard evaluation. This approach also allows modeling of dissimilar behavior of industry players under changed market conditions and test the stability and sensitivity of ancillary services standards for quite different market development scenarios and conditions.
- OSTI ID:
- 20018789
- Report Number(s):
- CONF-9806214-; TRN: IM200018%%23
- Resource Relation:
- Conference: Power-Gen Europe'98, Milan (IT), 06/09/1998--06/11/1998; Other Information: 1 CD-ROM. Operating Systems: Windows 3.1, '95, '98 and NT; Macintosh; and UNIX; PBD: [1998]; Related Information: In: Power-gen Europe'98, [2400] pages.
- Country of Publication:
- United States
- Language:
- English
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