16 november 2015 delft university of technology electrical power system essentials et2105 electrical...
TRANSCRIPT
![Page 1: 16 November 2015 Delft University of Technology Electrical Power System Essentials ET2105 Electrical Power System Essentials Dr.ir. Pieter Schavemaker](https://reader035.vdocuments.us/reader035/viewer/2022081514/56649f275503460f94c3f32a/html5/thumbnails/1.jpg)
20 April 2023
DelftUniversity ofTechnology
Electrical Power System Essentials
ET2105 Electrical Power System EssentialsDr.ir. Pieter Schavemaker
Electricity Markets
![Page 2: 16 November 2015 Delft University of Technology Electrical Power System Essentials ET2105 Electrical Power System Essentials Dr.ir. Pieter Schavemaker](https://reader035.vdocuments.us/reader035/viewer/2022081514/56649f275503460f94c3f32a/html5/thumbnails/2.jpg)
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
![Page 3: 16 November 2015 Delft University of Technology Electrical Power System Essentials ET2105 Electrical Power System Essentials Dr.ir. Pieter Schavemaker](https://reader035.vdocuments.us/reader035/viewer/2022081514/56649f275503460f94c3f32a/html5/thumbnails/3.jpg)
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
![Page 4: 16 November 2015 Delft University of Technology Electrical Power System Essentials ET2105 Electrical Power System Essentials Dr.ir. Pieter Schavemaker](https://reader035.vdocuments.us/reader035/viewer/2022081514/56649f275503460f94c3f32a/html5/thumbnails/4.jpg)
47. Electricity Markets | 13
Electrical Power System Essentials ET2105
Organization
tradetrade
exportexportimportimport
primaryprimaryenergyenergy productionproduction
consumptionconsumption
transmission & distributiontransmission & distribution
system servicessystem services
![Page 5: 16 November 2015 Delft University of Technology Electrical Power System Essentials ET2105 Electrical Power System Essentials Dr.ir. Pieter Schavemaker](https://reader035.vdocuments.us/reader035/viewer/2022081514/56649f275503460f94c3f32a/html5/thumbnails/5.jpg)
57. Electricity Markets | 13
Electrical Power System Essentials ET2105
PX – Power eXchangeDAM – Day Ahead Market
![Page 6: 16 November 2015 Delft University of Technology Electrical Power System Essentials ET2105 Electrical Power System Essentials Dr.ir. Pieter Schavemaker](https://reader035.vdocuments.us/reader035/viewer/2022081514/56649f275503460f94c3f32a/html5/thumbnails/6.jpg)
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
![Page 7: 16 November 2015 Delft University of Technology Electrical Power System Essentials ET2105 Electrical Power System Essentials Dr.ir. Pieter Schavemaker](https://reader035.vdocuments.us/reader035/viewer/2022081514/56649f275503460f94c3f32a/html5/thumbnails/7.jpg)
77. Electricity Markets | 13
Electrical Power System Essentials ET2105
APX
![Page 8: 16 November 2015 Delft University of Technology Electrical Power System Essentials ET2105 Electrical Power System Essentials Dr.ir. Pieter Schavemaker](https://reader035.vdocuments.us/reader035/viewer/2022081514/56649f275503460f94c3f32a/html5/thumbnails/8.jpg)
87. Electricity Markets | 13
Electrical Power System Essentials ET2105
The Single Electricity Market
Goal:Maximize the socialwelfare in Europe
![Page 9: 16 November 2015 Delft University of Technology Electrical Power System Essentials ET2105 Electrical Power System Essentials Dr.ir. Pieter Schavemaker](https://reader035.vdocuments.us/reader035/viewer/2022081514/56649f275503460f94c3f32a/html5/thumbnails/9.jpg)
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
![Page 10: 16 November 2015 Delft University of Technology Electrical Power System Essentials ET2105 Electrical Power System Essentials Dr.ir. Pieter Schavemaker](https://reader035.vdocuments.us/reader035/viewer/2022081514/56649f275503460f94c3f32a/html5/thumbnails/10.jpg)
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
![Page 11: 16 November 2015 Delft University of Technology Electrical Power System Essentials ET2105 Electrical Power System Essentials Dr.ir. Pieter Schavemaker](https://reader035.vdocuments.us/reader035/viewer/2022081514/56649f275503460f94c3f32a/html5/thumbnails/11.jpg)
117. Electricity Markets | 13
Electrical Power System Essentials ET2105
Increased Social Welfareby Import and Export
Price
ExportImport
DE
NL
NL
ImportExport
P*
Q*
![Page 12: 16 November 2015 Delft University of Technology Electrical Power System Essentials ET2105 Electrical Power System Essentials Dr.ir. Pieter Schavemaker](https://reader035.vdocuments.us/reader035/viewer/2022081514/56649f275503460f94c3f32a/html5/thumbnails/12.jpg)
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*
![Page 13: 16 November 2015 Delft University of Technology Electrical Power System Essentials ET2105 Electrical Power System Essentials Dr.ir. Pieter Schavemaker](https://reader035.vdocuments.us/reader035/viewer/2022081514/56649f275503460f94c3f32a/html5/thumbnails/13.jpg)
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