DOI: 10.1016/j.enpol.2020.111523
论文题名: The search for the perfect match: Aligning power-trading products to the energy transition
作者: Fridgen G. ; Michaelis A. ; Rinck M. ; Schöpf M. ; Weibelzahl M.
刊名: Energy Policy
ISSN: 03014215
出版年: 2020
卷: 144 语种: 英语
中文关键词: Demand side management
; Electricity exchange
; Energy transition
; Flexibility market trading
; Power-profiles
; Power-trading products
英文关键词: Costs
; Electric power transmission
; Energy policy
; Renewable energy resources
; Uncertainty analysis
; Increased flexibility
; Information asymmetry
; Integration of renewables
; Liberalized electricity market
; Market participants
; Private information
; Temporal granularity
; Transmission system operators
; Commerce
; alternative energy
; electricity generation
; energy market
; energy policy
; energy resource
; price dynamics
; spatiotemporal analysis
英文摘要: Given the growing share of uncertain renewable energy production, the energy transition challenges modern power systems and especially calls for increased flexibility. However, relevant information on the highly asset-specific flexibility potential is typically only known to plant operators themselves and not, e.g., to transmission system operators. Therefore, liberalized electricity markets use prices that set explicit monetary incentives to disclose the relevant private information about the market participants’ assets. In this way, information asymmetries may be reduced. Given the different challenges of an integration of renewables, we argue that the associated new forms of volatile power profiles require new forms of power-trading products. In particular, based on recent advances in technical power measurement and billing, individual and market participant-specific power profiles may be superior to the current trading of average volumes. Against this background, we first outline various evolutionary adjustments of existing power-trading products and their underlying product parameters including (1) strengthening local pricing, (2) finer temporal granularity, (3) smaller minimum volume, and (4) shorter gate-closure time. Second, we open up a new perspective in form of a more disruptive shift towards power-profile trade, where market participants define their trading product using the actual power profile as a new product parameter. © 2020 The Authors Citation statistics:
资源类型: 期刊论文
标识符: http://119.78.100.158/handle/2HF3EXSE/167164
Appears in Collections: 气候变化与战略
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作者单位: SnT - Interdisciplinary Center for Security, Reliability and Trust, University of Luxembourg, 29, Avenue John F. Kennedy1855, Luxembourg; FIM Research Center, University of Bayreuth, Wittelsbacherring 10, Bayreuth, 95444, Germany; Project Group Business & Information Systems Engineering of the Fraunhofer FIT, Wittelsbacherring 10, Bayreuth, 95444, Germany; EPEX Spot SE, Product Development, Augustusplatz 9, Leipzig, 04109, Germany
Recommended Citation:
Fridgen G.,Michaelis A.,Rinck M.,et al. The search for the perfect match: Aligning power-trading products to the energy transition[J]. Energy Policy,2020-01-01,144