Harmonizing energy planning and market mechanisms to ensure supply adequacy in electricity markets

Add to your list(s) Download to your calendar using vCal

• Luiz Augusto Barroso (PSR Energy Research and Analytics)
• Tuesday 19 March 2019, 16:30-17:15
• Seminar Room 1, Newton Institute.

If you have a question about this talk, please contact INI IT.

MESW02 - Electricity systems of the future: incentives, regulation and analysis for efficient investment

The objective of this talk is twofold: we
first describe multi-stage stochastic optimization models with a very
detailed representation of the system components that have been used to carry
out realistic generation-transmission planning studies in large systems with
strong renewable penetration. The optimization framework of these models
allows not only to extract meaningful outputs – such as probabilistic-reserve
needs, cost of flexibility – as well as they can be used to factor planning
outcomes in auctions for long-term reliability products to ensure supply
adequacy. We will show that attributes of generation plants can be factored
in the procurement process of these products via primal (price-based) or dual
(quantity-based) outcomes of the optimization-based framework for the
planning studies.

This talk is part of the Isaac Newton Institute Seminar Series series.

This talk is included in these lists:

• All CMS events
• Featured lists
• INI info aggregator
• Isaac Newton Institute Seminar Series
• School of Physical Sciences
• Seminar Room 1, Newton Institute
• bld31

Note that ex-directory lists are not shown.