Resource-specific Orders in European Day-ahead Market Under Different Pricing Rules

作     者：Ilias G.Marneris Andreas V.Ntomaris Pandelis N.Biskas Grigorios A.Dourbois Ilias G.Marneris;Andreas V.Ntomaris;Pandelis N.Biskas;Grigorios A.Dourbois

作者机构：Department of Electrical and Computer EngineeringAristotle University of ThessalonikiThessaloniki 54124Greece 

出 版 物：《Journal of Modern Power Systems and Clean Energy》 (现代电力系统与清洁能源学报（英文）)

年 卷 期：2023年第11卷第3期

页      面：757-769页

核心收录：

学科分类：0202[经济学-应用经济学] 02[经济学] 0808[工学-电气工程] 020205[经济学-产业经济学] 

主　　题：Day-ahead market demand response energy storage non-confiscatory market pricing thermal order 

摘      要：This paper addresses two issues that concern the electricity market participants under the European day-ahead market(DAM)framework,namely the feasibility of the attained schedules and the non-confiscation of cleared *** address the first issue,new resource-specific orders,i.e.,thermal orders for thermal generating units,demand response orders for load responsive resources,and energy limited orders for storage resources,are proposed and incorporated in the existing European DAM clearing *** address the second issue,two approaches which lead to a non-confiscatory market are analyzed:①discriminatory pricing with side-payments(***);and②non-discriminatory pricing excluding out-ofmoney orders(European paradigm).A comparison is performed between the two approaches to investigate the most appropriate pricing rule in terms of social welfare,derived revenues for the sellers,and efficiency of the attained *** proposed model with new resource-specific products is evaluated in a European test system,achieving robust *** feasibility of the attained schedules is demonstrated when using resource-specific orders compared with block ***,the results indicate the supremacy of discriminatory pricing with side-payments compared with the current European pricing rule.