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dc.contributor.authorAasgård, Ellen Krohn
dc.contributor.authorRoti, Pål Henrik
dc.date.accessioned2017-06-21T07:36:36Z
dc.date.available2017-06-21T07:36:36Z
dc.date.created2016-12-15T11:04:37Z
dc.date.issued2016
dc.identifier.citationInternational Conference on the European Energy Market. 2016, 2016-July .nb_NO
dc.identifier.issn2165-4093
dc.identifier.urihttp://hdl.handle.net/11250/2446533
dc.description.abstractThis work investigates the cost of delivering different types of balancing reserves from a simple hydropower reservoir system. In addition to delivering energy, the fast ramping characteristics of hydropower units makes them suitable for delivery of various balancing products that are needed in order to maintain system security. The price at which these products are offered is determined by the opportunity costs in the day-ahead energy market. In a small case study, these opportunity costs are assessed by analyzing the changes from the optimal day-ahead production schedule for various types and volumes of reserve delivery commitments. We find that the requirement of delivering spinning reserves may significantly restrict the production schedule. This type of balancing service is thus found to be costly in our analysis. The special restriction of symmetric up and down regulation for primary reserves also makes this type of service more expensive as the solution space is even more restrained.nb_NO
dc.language.isoengnb_NO
dc.publisherIEEEnb_NO
dc.titleOpportunity-cost-pricing of reserves for a simple hydropower systemnb_NO
dc.typeJournal articlenb_NO
dc.typePeer reviewednb_NO
dc.description.versionacceptedVersionnb_NO
dc.source.pagenumber5nb_NO
dc.source.volume2016-Julynb_NO
dc.source.journalInternational Conference on the European Energy Marketnb_NO
dc.identifier.doi10.1109/EEM.2016.7521331
dc.identifier.cristin1413207
dc.description.localcode© 2016 IEEE. Personal use of this material is permitted. Permission from IEEE must be obtained for all other uses, in any current or future media, including reprinting/republishing this material for advertising or promotional purposes, creating new collective works, for resale or redistribution to servers or lists, or reuse of any copyrighted component of this work in other works. This is the authors' accepted and refereed manuscript to the article.nb_NO
cristin.unitcode194,67,50,0
cristin.unitcode194,63,20,0
cristin.unitnameInstitutt for industriell økonomi og teknologiledelse
cristin.unitnameInstitutt for elkraftteknikk
cristin.ispublishedtrue
cristin.fulltextpostprint
cristin.qualitycode1


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