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A Methodology for Dynamic Procurement of Secondary Reserve Capacity in Power Systems with Significant vRES Penetrations

2024-06Conference object Open access
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dc.contributor.authorAlgarvio, Hugo
dc.contributor.authorCouto, António
dc.contributor.authorEstanqueiro, Ana
dc.date.accessioned2024-09-13T13:27:12Z
dc.date.available2024-09-13T13:27:12Z
dc.date.issued2024-06
dc.description.abstractABSTRACT: The European pathway to carbon neutrality indicates strong investments in variable renewable energy sources. Demand-side and variable renewable players rely on forecasts to participate in day-ahead markets closing between 12 and 37 hours ahead of real-time operation. As such, the further from the real-time operation those forecasts are provided, the higher their errors and the uncertainty. Deviations from the market schedules are balanced using real-time reserves. Traditionally, transmission system operators (TSOs) use a symmetrical procurement of up and down reserves based on the expected demand. This work considers the computation of a dynamic up and down procurement of secondary capacities by considering the expected deviations, using the day-ahead programmed and expected dispatches of variable renewables, demand, other technologies, and the cross-border capacities. The study uses operational open data from the Spanish TSO from 2019 to 2022. The proposed methodology allows increasing the usage of the up and down secondary capacities by almost 13% and 8%, respectively, freeing up 11% of the allocated resources, on average.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationAlgarvio, H., Couto, A. & Estanqueiro, A. (2024) A Methodology for Dynamic Procurement of Secondary Reserve Capacity in Power Systems with Significant vRES Penetrations. In: 20th International Conference on the European Energy Market (EEM), Istanbul, Turkiye, 10-12 June, 2024. https://doi.org/10.1109/EEM60825.2024.10608904pt_PT
dc.identifier.doi10.1109/EEM60825.2024.10608904pt_PT
dc.identifier.isbn979-8-3503-8174-0
dc.identifier.urihttp://hdl.handle.net/10400.9/4351
dc.language.isoengpt_PT
dc.publisherIEEEpt_PT
dc.relationTools for the Design and modelling of new markets and negotiation mechanisms for a ~100% Renewable European Power Systems
dc.relation.publisherversionhttps://doi.org/10.1109/EEM60825.2024.10608904pt_PT
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/pt_PT
dc.subjectRenewable energy sourcespt_PT
dc.subjectPower systems dynamicspt_PT
dc.subjectSchedulingpt_PT
dc.subjectForecastpt_PT
dc.subjectEuropept_PT
dc.titleA Methodology for Dynamic Procurement of Secondary Reserve Capacity in Power Systems with Significant vRES Penetrationspt_PT
dc.typeconference object
dspace.entity.typePublication
oaire.awardTitleTools for the Design and modelling of new markets and negotiation mechanisms for a ~100% Renewable European Power Systems
oaire.awardURIinfo:eu-repo/grantAgreement/EC/H2020/864276/EU
oaire.citation.conferencePlaceIstanbul, Turkiyept_PT
oaire.citation.title20th International Conference on the European Energy Market (EEM)pt_PT
oaire.fundingStreamH2020
person.familyNameCouto
person.familyNameEstanqueiro
person.givenNameAntónio
person.givenNameAna
person.identifier.ciencia-idB01D-304F-6CD3
person.identifier.ciencia-id2619-80A1-A8AC
person.identifier.ciencia-id7F11-A24D-EE81
person.identifier.orcid0000-0002-4129-838X
person.identifier.orcid0000-0002-7368-8817
person.identifier.orcid0000-0002-0476-2526
person.identifier.ridJ-9752-2012
person.identifier.scopus-author-id19336967700
project.funder.identifierhttp://doi.org/10.13039/501100008530
project.funder.nameEuropean Commission
rcaap.rightsopenAccesspt_PT
rcaap.typeconferenceObjectpt_PT
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relation.isAuthorOfPublicationa0c5b011-98c5-49d3-9ac6-ddfb6027f500
relation.isAuthorOfPublication20aa31b3-fa3c-42b7-82a4-e6b91c017f9c
relation.isAuthorOfPublication.latestForDiscoverya0c5b011-98c5-49d3-9ac6-ddfb6027f500
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