Economic assessment of a price-maker energy storage facility in the Alberta electricity market

被引：51
|
作者：
Shafiee, Soroush [1 ]
Zamani-Dehkordi, Payam [1 ]
Zareipour, Hamidreza [1 ]
Knight, Andrew M. [1 ]
机构：
[1] Univ Calgary, Dept Elect & Comp Engn, Schulich Sch Engn, Calgary, AB T2N 1N4, Canada
来源：
ENERGY | 2016年 / 111卷
基金：
加拿大自然科学与工程研究理事会;
关键词：
Economic assessment; Energy storage technology; Price-maker; Self-scheduling; Price quota curves;
D O I：
10.1016/j.energy.2016.05.086
中图分类号：
O414.1 [热力学];
学科分类号：
摘要：
Dynamic price fluctuations in the Alberta electricity market bring potential economic opportunities for electricity energy storage technologies. However, storage operation in the market could have significant impact on electricity prices. This paper evaluates the potential operating profit available through arbitrage operation for a price-maker storage facility in Alberta. Considering a five-year period from 2010 to 2014, hourly generation and demand price quota curves (GPQCs and DPQCs) are constructed to incorporate price impact as an input to the self-scheduling problem of a price-maker storage facility. The self-scheduling model is applied to the historical hourly GPQCs and DPQCs of the Alberta electricity market to investigate the potential economic performance of a price-maker energy storage facility. (C) 2016 Elsevier Ltd. All rights reserved.
引用
下载
收藏
页码：537 / 547
页数：11
相关论文
共 50 条
  • [1] Robust self-scheduling of a price-maker energy storage facility in the New York electricity market
    Barbry, Adrien
    Anjos, Miguel F.
    Delage, Erick
    Schell, Kristen R.
    ENERGY ECONOMICS, 2019, 78 : 629 - 646
  • [2] Market Mechanisms for Cooperative Operation of Price-Maker Energy Storage in a Power Network
    Huang, Qisheng
    Xu, Yunjian
    Wang, Tao
    Courcoubetis, Costas A.
    IEEE TRANSACTIONS ON POWER SYSTEMS, 2018, 33 (03) : 3013 - 3028
  • [3] Market Mechanisms for Cooperative Operation of Price-maker Energy Storage in a Power Network
    Huang, Qisheng
    Xu, Yunjian
    Wang, Tao
    Courcoubetis, Costas
    2017 IEEE 56TH ANNUAL CONFERENCE ON DECISION AND CONTROL (CDC), 2017,
  • [4] Operations Planning of a Hydro Producer Acting as a Price-Maker in an Electricity Market
    Pousinho, H. M. I.
    Contreras, J.
    Catalao, J. P. S.
    2012 IEEE POWER AND ENERGY SOCIETY GENERAL MEETING, 2012,
  • [5] A Learning-based Optimal Market Bidding Strategy for Price-Maker Energy Storage
    Badoual, Mathilde D.
    Moura, Scott J.
    2021 AMERICAN CONTROL CONFERENCE (ACC), 2021, : 526 - 532
  • [6] Developing Bidding and Offering Curves of a Price-Maker Energy Storage Facility Based on Robust Optimization
    Shafiee, Soroush
    Zareipour, Hamidreza
    Knight, Andrew M.
    IEEE TRANSACTIONS ON SMART GRID, 2019, 10 (01) : 650 - 660
  • [7] Equilibrium state of a price-maker energy hub in a competitive market with price uncertainties
    Heidari, Ahmad
    Mortazavi, Seyed Saeidollah
    Bansal, Ramesh C.
    IET RENEWABLE POWER GENERATION, 2020, 14 (06) : 976 - 985
  • [8] Price-Maker Strategies of a Hydro Producer in a Day-ahead Electricity Market
    Pousinho, H. M. I.
    Catalao, J. P. S.
    Contreras, J.
    2012 16TH IEEE MEDITERRANEAN ELECTROTECHNICAL CONFERENCE (MELECON), 2012, : 249 - 252
  • [9] A Price-Maker/Price-Taker Model for the Operation of Battery Storage Systems in Electricity Markets
    Arteaga, Juan
    Zareipour, Hamidreza
    IEEE TRANSACTIONS ON SMART GRID, 2019, 10 (06) : 6912 - 6920
  • [10] Optimal Scheduling of Large-Scale Price-Maker Energy Storage
    Deboever, Jeremiah
    Grijalva, Santiago
    2016 IEEE POWER AND ENERGY CONFERENCE AT ILLINOIS (PECI), 2016,
12345