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Please use this identifier to cite or link to this item: https://doi.org/10.21256/zhaw-4049
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dc.contributor.authorBobinaite, Viktorija-
dc.contributor.authorObusevs, Artjoms-
dc.contributor.authorOleinikova, Irina-
dc.contributor.authorMorch, Andrei-
dc.date.accessioned2018-11-06T14:56:36Z-
dc.date.available2018-11-06T14:56:36Z-
dc.date.issued2018-03-
dc.identifier.issn1996-1073de_CH
dc.identifier.urihttps://digitalcollection.zhaw.ch/handle/11475/12564-
dc.description.abstractSignificant power sector developments beyond 2020 will require changing our approach towards electricity balancing paradigms and architectures. Presently, new electricity balancing concepts are being developed. Implementation of these in practice will depend on their timeliness, consistency and adaptability to the market. With the purpose of tailoring the concepts to practice, the development of a balancing market is of crucial importance. This article deals with this issue. It aims at developing of a high-level economically efficient market design for the procurement of system balancing products within the Web-of-Cells architecture. Literature and comparative analysis methods are applied to implement the aim. The analysis results show that a more efficient balancing capacity allocation process should be carried out in a competitive way with closer allocation time to real-time, especially with increased penetration of renewable energy sources. Bid time units, the timing of the market, procurement and remuneration schemes as well pricing mechanisms are the most decisive elements of the market. Their respective advantages and disadvantages are analyzed in the article, as well as their analysis is done against the selected assessment criteria. The results of the analysis show that seeking to improve the operational efficiency of the market, the sequential approach to the market organization should be selected and short-term market time units should be chosen. It is expected that price efficiency could be improved by establishing an organized market where standardized system balancing products should be traded. The balance service providers, who own capital expenditures (CAPEX) sensitive production units, should be remunerated both for the availability of balancing capacities and for their utilization. Uniform pricing rule and cascading procurement principal should be applied to improve the utilization efficiency.de_CH
dc.language.isoende_CH
dc.publisherMDPIde_CH
dc.relation.ispartofEnergiesde_CH
dc.rightshttp://creativecommons.org/licenses/by/4.0/de_CH
dc.subjectMarket designde_CH
dc.subjectMarket design elementsde_CH
dc.subjectWeb-of-Cellsde_CH
dc.subjectProcurement schemede_CH
dc.subjectRemuneration schemede_CH
dc.subjectPricing schemede_CH
dc.subjectCascading procurementde_CH
dc.subject.ddc333.79: Energiede_CH
dc.titleEconomically efficient design of market for system services under the web-of-cells architecturede_CH
dc.typeBeitrag in wissenschaftlicher Zeitschriftde_CH
dcterms.typeTextde_CH
zhaw.departementSchool of Engineeringde_CH
zhaw.organisationalunitInstitut für Energiesysteme und Fluid-Engineering (IEFE)de_CH
dc.identifier.doi10.21256/zhaw-4049-
dc.identifier.doi10.3390/en11040729de_CH
zhaw.funding.euNode_CH
zhaw.issue4de_CH
zhaw.originated.zhawYesde_CH
zhaw.pages.start729de_CH
zhaw.publication.statuspublishedVersionde_CH
zhaw.volume11de_CH
zhaw.publication.reviewPeer review (Publikation)de_CH
zhaw.webfeedErneuerbare Energiende_CH
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Bobinaite, V., Obusevs, A., Oleinikova, I., & Morch, A. (2018). Economically efficient design of market for system services under the web-of-cells architecture. Energies, 11(4), 729. https://doi.org/10.21256/zhaw-4049
Bobinaite, V. et al. (2018) ‘Economically efficient design of market for system services under the web-of-cells architecture’, Energies, 11(4), p. 729. Available at: https://doi.org/10.21256/zhaw-4049.
V. Bobinaite, A. Obusevs, I. Oleinikova, and A. Morch, “Economically efficient design of market for system services under the web-of-cells architecture,” Energies, vol. 11, no. 4, p. 729, Mar. 2018, doi: 10.21256/zhaw-4049.
BOBINAITE, Viktorija, Artjoms OBUSEVS, Irina OLEINIKOVA und Andrei MORCH, 2018. Economically efficient design of market for system services under the web-of-cells architecture. Energies. März 2018. Bd. 11, Nr. 4, S. 729. DOI 10.21256/zhaw-4049
Bobinaite, Viktorija, Artjoms Obusevs, Irina Oleinikova, and Andrei Morch. 2018. “Economically Efficient Design of Market for System Services under the Web-of-Cells Architecture.” Energies 11 (4): 729. https://doi.org/10.21256/zhaw-4049.
Bobinaite, Viktorija, et al. “Economically Efficient Design of Market for System Services under the Web-of-Cells Architecture.” Energies, vol. 11, no. 4, Mar. 2018, p. 729, https://doi.org/10.21256/zhaw-4049.


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