A description of the operative decision-making process of a power generating company on the Nordic electricity market
A description of the operative decision-making process of a power generating company on the Nordic electricity market
复制标题
北欧电力市场上一家发电公司的运营决策过程描述
DOI:
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发表时间:
2014
期刊:
影响因子:
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通讯作者:
L. Söder
中科院分区:
文献类型:
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作者:
Richard Scharff;Jonas Egerer;L. Söder
In a liberalised electricity market, power generating companies face various trading possibilities. In addition, they have to take scheduling decisions. Both kinds of decisions are affected by uncertainties, e.g. power plant outages, uncertain market prices for electricity or imperfect wind power forecasts. This paper presents an overview of the decision-making process of a power generating company on the Nordic electricity market and illustrates how uncertainties affect this process. As a power generating company’s return on investment arises—at least partly—from its trading and scheduling decisions, it is important to optimise those decisions. Therefore, selected optimisation models are listed in a condensed manner. The paper also includes a both detailed and comprehensive description of the market design in the Nordic countries.