Review on PJM's Ancillary Products of Auction Revenue Rights

被引:0
|
作者
Fan, Zhenyu [1 ]
Horger, Tim [1 ]
机构
[1] PJM Interconnect, Norristown, PA 19403 USA
关键词
Financial Transmission Rights; Auction Revenue Rights; Regional Transmission Expansion Planning;
D O I
暂无
中图分类号
TE [石油、天然气工业]; TK [能源与动力工程];
学科分类号
0807 ; 0820 ;
摘要
Financial hedging is a very important tool for risk management in energy market. As the energy market leader, PJM had many years of experiences in its Financial Transmission Rights (FTRs) market which is a financial hedging market. Auction Revenue Rights (ARR), an underlying product of FTRs are allocated every year. PJM also allocated different types of incremental ARR to fulfill this product. This paper will describe the basic structure of ARR and FTRs process in PJM. The different ARR products are also presented. Some of the products relate closely to PJM's Regional Transmission Expansion Planning (RTEP) process.
引用
收藏
页数:5
相关论文
共 50 条
  • [1] Auction design for ancillary reserve products
    Oren, SS
    [J]. 2002 IEEE POWER ENGINEERING SOCIETY SUMMER MEETING, VOLS 1-3, CONFERENCE PROCEEDINGS, 2002, : 1238 - 1239
  • [2] Implementation of the PJM financial transmission rights auction market system
    Ma, XW
    Sun, DI
    Ott, A
    [J]. 2002 IEEE POWER ENGINEERING SOCIETY SUMMER MEETING, VOLS 1-3, CONFERENCE PROCEEDINGS, 2002, : 1360 - 1365
  • [3] Combined Simulation of Auction Revenue Rights Allocation and Financial Transmission Rights Auction for Electricity Markets
    Baig, Sherjeel M.
    Imran, Kashif
    Rafique, Muhammad N.
    Khan, Haseeb H.
    [J]. 2018 4TH INTERNATIONAL CONFERENCE ON POWER GENERATION SYSTEMS AND RENEWABLE ENERGY TECHNOLOGIES (PGSRET-2018), 2018, : 244 - 249
  • [4] A REVIEW OF ANCILLARY SERVICES IMPLEMENTATION IN THE REVENUE MANAGEMENT SYSTEMS
    Ozmec-Ban, Maja
    Babic, Ruzica Skurla
    Vidovic, Andrija
    Bracic, Matija
    [J]. PROMET-TRAFFIC & TRANSPORTATION, 2022, 34 (04): : 581 - 594
  • [5] The calendar effect of Dutch Auction on Gongtianxia's agricultural products
    Yang, Bo
    Chang, Mingshan
    Wang, Kanliang
    Chen, Yufei
    Xu, Yanan
    [J]. SIXTEENTH WUHAN INTERNATIONAL CONFERENCE ON E-BUSINESS, 2017, : 144 - 155
  • [6] A Dynamic Programming Model Incorporating Fare and Ancillary Products with Customer Choice Behavior in Single-Leg Revenue Management
    Buyruk, Muzaffer
    Guner, Ertan
    [J]. PROCEEDINGS OF THE SIXTEENTH INTERNATIONAL CONFERENCE ON MANAGEMENT SCIENCE AND ENGINEERING MANAGEMENT - VOL 1, 2022, 144 : 240 - 253
  • [7] Ontario's Auction Market for Financial Transmission Rights: An Analysis of its Efficiency
    Olmstead, Derek E. H.
    [J]. ENERGY JOURNAL, 2018, 39 (01): : 235 - 251
  • [8] Comparative review of children’s rights and women’s rights in korea
    Ja Doe S.S.
    [J]. Development, 2001, 44 (2) : 111 - 116
  • [10] Protection Of Debtor Customer's Rights As Consumers In The Execution Of Mortgage Object Auction In Indonesia
    Hasanah, Uswatun
    Hamzah, Mohammad Amir
    [J]. PROCEEDINGS OF THE 1ST INTERNATIONAL CONFERENCE ON SOCIAL SCIENCES (ICSS 2018), 2018, 226 : 1307 - 1310