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Conference Paper: Frequency Linked Pricing as an Instrument for Frequency Regulation in Deregulated Electricity Markets

TitleFrequency Linked Pricing as an Instrument for Frequency Regulation in Deregulated Electricity Markets
Authors
Zhong, JBhattacharya, K
KeywordsAncillary Services
Balance Service
Deregulation
Frequency Regulation
Issue Date2003
Citation
2003 Ieee Power Engineering Society General Meeting, Conference Proceedings, 2003, v. 2, p. 566-571 How to Cite?
AbstractThis paper presents the design of an automatic balance service market that can act as an effective tool for system frequency control in deregulated power systems. The proposed scheme combines the presently existing manual balancing mechanism, prevailing in some countries, with the conventional automatic generation control, within a bid-based market structure. The participants in this frequency regulation service market are assumed to be responding to frequency linked price signals sent out by the system operator. Optimization models for settlement of the regulation markets have been proposed and dynamic simulation show satisfactory performance of the market.
Persistent Identifierhttp://hdl.handle.net/10722/158386
References
References in Scopus

 

DC FieldValueLanguage
dc.contributor.authorZhong, Jen_US
dc.contributor.authorBhattacharya, Ken_US
dc.date.accessioned2012-08-08T08:59:22Z-
dc.date.available2012-08-08T08:59:22Z-
dc.date.issued2003en_US
dc.identifier.citation2003 Ieee Power Engineering Society General Meeting, Conference Proceedings, 2003, v. 2, p. 566-571en_US
dc.identifier.urihttp://hdl.handle.net/10722/158386-
dc.description.abstractThis paper presents the design of an automatic balance service market that can act as an effective tool for system frequency control in deregulated power systems. The proposed scheme combines the presently existing manual balancing mechanism, prevailing in some countries, with the conventional automatic generation control, within a bid-based market structure. The participants in this frequency regulation service market are assumed to be responding to frequency linked price signals sent out by the system operator. Optimization models for settlement of the regulation markets have been proposed and dynamic simulation show satisfactory performance of the market.en_US
dc.languageengen_US
dc.relation.ispartof2003 IEEE Power Engineering Society General Meeting, Conference Proceedingsen_US
dc.subjectAncillary Servicesen_US
dc.subjectBalance Serviceen_US
dc.subjectDeregulationen_US
dc.subjectFrequency Regulationen_US
dc.titleFrequency Linked Pricing as an Instrument for Frequency Regulation in Deregulated Electricity Marketsen_US
dc.typeConference_Paperen_US
dc.identifier.emailZhong, J:jinzhong@hkucc.hku.hken_US
dc.identifier.authorityZhong, J=rp00212en_US
dc.description.naturelink_to_subscribed_fulltexten_US
dc.identifier.scopuseid_2-s2.0-1542299748en_US
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-1542299748&selection=ref&src=s&origin=recordpageen_US
dc.identifier.volume2en_US
dc.identifier.spage566en_US
dc.identifier.epage571en_US
dc.identifier.scopusauthoridZhong, J=13905948700en_US
dc.identifier.scopusauthoridBhattacharya, K=7101600850en_US

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