Integrated grid and power market simulation

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Original languageEnglish
Title of host publication2012 IEEE Power and Energy Society General Meeting
Pages1-7
Number of pages7
Publication statusPublished - 1 Jul 2012

Abstract

Followed by the liberalization of the European power market, the amount of transmitted power between the countries increases and thus affects electricity prices. Therefore, the loads of the weakly built interconnection lines between countries approach their physical limits. Furthermore, the construction of decentralized generation units, especially renewable power generation, changes the generation structure as a whole. In order to foresee the effects of this change in the European power system, the Institute of Electric Power Systems in Hannover is developing an integrated grid and power market simulator to analyze possible future scenarios in the electric power systems. The simulation tool is designed in a way, which allows usage in other market areas, if the necessary base data are embedded. The embedded models create an optimized power plant schedule with the help of load and grid data. Based on the schedule, further analysis of the power system are possible.

Keywords

    power generation economics, power grids, power markets, power plants, European power market, integrated grid simulation, European power market liberalization, electricity rices, decentralized generation units, renewable power generation, generation structure, European power system, Electric Power Systems, simulation tool, embedded models, optimized power plant schedule, grid data, load data, Power generation, Load modeling, Electricity, Power markets, Load flow, Schedules, power system, power transmission, power grid, power system planning

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Integrated grid and power market simulation. / Rendel, T.; Rathke, C.; Breithaupt, T. et al.
2012 IEEE Power and Energy Society General Meeting. 2012. p. 1-7.

Research output: Chapter in book/report/conference proceedingConference contributionResearchpeer review

Rendel, T, Rathke, C, Breithaupt, T & Hofmann, L 2012, Integrated grid and power market simulation. in 2012 IEEE Power and Energy Society General Meeting. pp. 1-7. https://doi.org/10.1109/PESGM.2012.6345014
Rendel, T., Rathke, C., Breithaupt, T., & Hofmann, L. (2012). Integrated grid and power market simulation. In 2012 IEEE Power and Energy Society General Meeting (pp. 1-7) https://doi.org/10.1109/PESGM.2012.6345014
Rendel T, Rathke C, Breithaupt T, Hofmann L. Integrated grid and power market simulation. In 2012 IEEE Power and Energy Society General Meeting. 2012. p. 1-7 doi: 10.1109/PESGM.2012.6345014
Rendel, T. ; Rathke, C. ; Breithaupt, T. et al. / Integrated grid and power market simulation. 2012 IEEE Power and Energy Society General Meeting. 2012. pp. 1-7
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KW - Load flow

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