Csercsik, Dávid and Divényi, Dániel and Sleisz, Ádám and Sőrés, Péter Márk (2023) A Greedy Approach and its Limitations for Day-ahead Co-allocation of Energy and Reserves. In: 2023 19th International Conference on the European Energy Market (EEM). IEEE, Piscataway (NJ). ISBN 979-8-3503-1258-4
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Abstract
In this paper we consider a multi-zonal day-ahead market clearing setting, in which energy and reserves are simultaneously allocated. We present an iterative heuristic approach for the joint procurement process, which is based on the greedy algorithm. We demonstrate via an example that this simple approach cannot be expected to reach global optimum in general and discuss its further improvement possibilities.
| Item Type: | Book Section |
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| Uncontrolled Keywords: | Day-ahead electricity markets, Joint energyreserve markets, Cross-border reserve trading |
| Subjects: | T Technology / alkalmazott, műszaki tudományok > TK Electrical engineering. Electronics Nuclear engineering / elektrotechnika, elektronika, atomtechnika |
| Depositing User: | Dávid Csercsik |
| Date Deposited: | 30 Oct 2023 08:25 |
| Last Modified: | 30 Oct 2023 14:54 |
| URI: | http://real.mtak.hu/id/eprint/178057 |
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