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Power system regulation planning and control with the support of an energy market simulator

T. Siewierski, S. Galloway, G. Burt, J. McDonald, Y. Kabouris

Research output: Contribution to conferencePaper

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Abstract

Energy market simulation has a role to play in regulation, planning and control of liberalised electricity markets. The development and evolution of such markets internationally has focused the needs of different stakeholders within these markets over a variety of time scales. This paper describes the main objectives and principal assumptions for development and implementation of energy market simulators. The authors describe the background requirements and needs from the perspective of different user groups for this kind of tool. Examples of possible applications are presented for the use of a market simulator and data requirements and indications for a practical realisation of models have also been included.
Original languageEnglish
Number of pages6
Publication statusPublished - 6 Nov 2002
Event3rd Mediterranean Conference on Power Generation, Transmission, Distribution, and Energy Conversion - Athens, Greece
Duration: 4 Nov 20026 Nov 2002

Conference

Conference3rd Mediterranean Conference on Power Generation, Transmission, Distribution, and Energy Conversion
Abbreviated titleMedPower 2002
Country/TerritoryGreece
CityAthens
Period4/11/026/11/02

Keywords

  • energy market
  • power system modelling and simulation

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