Market Integration of Renewable Generation

Topic Information

Dear Colleagues,

Adapting market designs to the intermittent nature of renewable generation is a process that must have the reduction in forecast error and the avoidance of substantial real-time imbalances at its core. However, flexibility is the key to guarantee the economic viability and security of the supply of carbon-neutral power systems; being aggregators, citizen energy communities, and new flexible players, they are important agents of future power systems. Indeed, with increasing penetrations of distributed generation, the distribution system operator has a major role to play in facilitating the active participation of local players, accommodating new distributed generation and transitioning to a more flexible and democratised power system where smart grid services, self-consumption, smart meters, local trades, peer-to-peer markets, and new marketplaces and products will be required. Therefore, we invite you to submit your research or review papers considering (but not limited to) the following subjects:

• The impacts of increasing penetrations of renewables in national/regional markets;
• New market designs, products, and rules for decarbonised day-ahead and intraday markets;
• Full investment-recovery of renewables in liberalized markets without externalities;
• Decentralised investment incentive mechanisms for a net-zero electricity system;
• Improving forecasting and information transparency in the new market designs;
• The role of aggregators, virtual power plants, local energy communities, and new flexible players in the road to carbon-neutral and strongly liberalised power systems;
• New designs of local energy and flexibility markets operating in the distribution grid level;
• New local marketplaces, innovative flexibility services, and redesign of products;
• The role of transmission networks and cross-border exchange in market integration and coupling.

Dr. Ana Estanqueiro
Dr. Nikolaos Chrysanthopoulos
Dr. Hugo Algarvio
Topic Editors

Keywords

Participating Journals

Journal Name	Impact Factor	CiteScore	Launched Year	First Decision (median)	APC
Electricity electricity	-	4.8	2020	27.9 Days	CHF 1000	Submit
Energies energies	3.0	6.2	2008	16.8 Days	CHF 2600	Submit
Modelling modelling	1.3	2.7	2020	18.9 Days	CHF 1000	Submit
Sustainability sustainability	3.3	6.8	2009	19.7 Days	CHF 2400	Submit
Wind wind	-	-	2021	35.7 Days	CHF 1000	Submit

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Published Papers (3 papers)

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All Electricity Energies Modelling Sustainability Wind

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16 pages, 2405 KiB  

Open AccessArticle

Optimization Dispatch of Distribution Network–Prosumer Group–Prosumer Considering Flexible Reserve Resources of Prosumer

by Hao Zhong, Lanfang Li, Qiujie Wang, Xueting Wang and Xinghuo Wang

Energies 2024, 17(22), 5731; https://doi.org/10.3390/en17225731 - 15 Nov 2024

Cited by 1 | Viewed by 580

Abstract

The bidirectional uncertainty of source and load creates scarcity in the reserve resources of the distribution network. Therefore, it is highly significant for the safe and economic operation of the system to harness spare energy storage capacity from prosumers to provide reserves. This [...] Read more.

The bidirectional uncertainty of source and load creates scarcity in the reserve resources of the distribution network. Therefore, it is highly significant for the safe and economic operation of the system to harness spare energy storage capacity from prosumers to provide reserves. This paper proposes a bi-layer optimal scheduling model of “distribution network–prosumer group–prosumer” that considers the flexible reserve resources of a prosumer. The upper layer is the “distribution network–prosumer group” optimization model, in which the distribution network sets the electricity price and reserve price according to its own economic benefit and sends it to the prosumer group and guides it to participate in the scheduling of the resources of the prosumer. The lower layer is the “prosumer group–prosumer” optimization model, where the prosumer group incentivizes the prosumer to adjust its energy storage charging and discharging plans through prices and mobilize its own resources to provide flexible reserve resources. The results show that the optimal method proposed in this paper can fully utilize flexible reserve resources from prosumers, improve the economy of distribution network operations, and reduce the pressure of providing reserves using the upper grid. Full article

(This article belongs to the Topic Market Integration of Renewable Generation)

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17 pages, 5911 KiB  

Open AccessArticle

Research on the Multi-Agent Evolutionary Game Behavior of Joint Operation between Coal Power Enterprises and New Energy Power Enterprises under Government Supervision

by Jingxiao Chen, Lei Zhang and Gaodan Deng

Energies 2024, 17(18), 4553; https://doi.org/10.3390/en17184553 - 11 Sep 2024

Cited by 1 | Viewed by 621

Abstract

Based on the perspective of joint operation between coal power enterprises and new energy power enterprises (JOCN), this paper constructs an evolutionary game model among coal power enterprises (CPEs), new energy power enterprises (NEPEs) and the government, and analyzes the influencing factors of [...] Read more.

Based on the perspective of joint operation between coal power enterprises and new energy power enterprises (JOCN), this paper constructs an evolutionary game model among coal power enterprises (CPEs), new energy power enterprises (NEPEs) and the government, and analyzes the influencing factors of the final strategy choices of various subjects through evolutionary simulation. The results show that: (1) The game among CPEs, NEPEs and the government in JOCN is a win–win game. (2) The probability of CPEs choosing to participate in the joint operation is positively correlated with additional operating income, government subsidies and environmental costs in coal power generation, while negatively correlated with additional operating costs and spillover effects. (3) The probability of NEPEs choosing to participate in the joint operation is positively correlated with additional operating income, government subsidies and the cost of power loss in new energy power generation, while negatively correlated with additional operating costs and spillover effects. (4) The probability of the government choosing to support joint operation is positively correlated with social welfare, and negatively correlated with the cost of governmental strict supervision. The research results can provide theoretical reference for enterprises and the government in the future transformations and policy formulation. Full article

(This article belongs to the Topic Market Integration of Renewable Generation)

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24 pages, 7275 KiB  

Open AccessArticle

Green Hydrogen Driven by Wind and Solar—An Australian Case Study

by Glen Currie, Edward Behrens, Samuel Bolitho, Michael Coen and Thomas Wilson

Wind 2024, 4(2), 111-134; https://doi.org/10.3390/wind4020006 - 12 Apr 2024

Cited by 2 | Viewed by 2200

Abstract

The energy transition to wind and solar opens up opportunities for green hydrogen as wind and solar generation tend to bring electricity prices down to very low levels. We evaluate whether green hydrogen can integrate well with wind and solar PVs to improve [...] Read more.

The energy transition to wind and solar opens up opportunities for green hydrogen as wind and solar generation tend to bring electricity prices down to very low levels. We evaluate whether green hydrogen can integrate well with wind and solar PVs to improve the South Australian electricity grid. Green hydrogen can use membrane electrolysis plants during periods of surplus renewable energy. This hydrogen can then be electrified or used in industry. The green hydrogen system was analysed to understand the financial viability and technical impact of integrating green hydrogen. We also used system engineering techniques to understand the system holistically, including the technical, social, environmental, and economic impacts. The results show opportunities for the system to provide seasonal storage, grid firming, and reliability services. Financially, it would need changes to electricity rules to be viable, so at present, it would not be viable without subsidy. Full article

(This article belongs to the Topic Market Integration of Renewable Generation)

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