Essays about: "balancing markets"

Showing result 11 - 15 of 48 essays containing the words balancing markets.

  1. 11. Assessing the Benefits of Fossil-Free Gas Turbines in Distribution Networks : A Case Study in Västerås

    University essay from KTH/Skolan för industriell teknik och management (ITM)

    Author : Fredrik Hansell; Axel Vällfors; [2023]
    Keywords : Gas turbine; power system stability; balancing markets; hydrogen; eMethanol; Gasturbin; kraftsystemstabilitet; balansmarknader; vätgas; e-metanol;

    Abstract : As the share of weather-dependent renewable electricity production increases, the demand for power system flexibility grows. In the Swedish power system, gas turbines have historically been utilised for back-up power generation. READ MORE

  3. 12. Optimizing the Cash Reserve in a Portfolio of US Life Insurance Policies

    University essay from Linköpings universitet/Produktionsekonomi

    Author : Alva Happe; Wassim Seifeddine; [2022]
    Keywords : portfolio optimization; risk management; monte carlo; value at risk; life settlements; longevity risk; cash reserve; closed-end fund;

    Abstract : Hoarding a too large cash reserve is often unfavourable due to lost investment opportunities. Similarly, an insufficient cash reserve can be detrimental, as one might fail to meet payment obligations. Finding the optimal balance is nothing that is done in the blink of an eye, particularly when the underlying variable is stochastic, e.g. READ MORE

  4. 13. On Modelling Ancillary Services Markets: A Time Series Approach

    University essay from KTH/Matematik (Avd.)

    Author : Erik Murray; [2022]
    Keywords : ARIMA; SARIMA; GARCH; load balancing; ancillary services; electrical grids; FCR-D; ARIMA; SARIMA; GARCH; lastbalans; stödtjänster; kraftnät; FCR-D 2;

    Abstract : So-called ancillary services (AS) have always been critically important for the functioning of an electrical grid, and are becoming even more so with the advent of renewable energy sources. Ancillary services are traded on open markets, and trading on these markets is arguably even more difficult to model than on traditional markets. READ MORE

  5. 14. Optimal Day Ahead Planning and Bidding Strategy for Participating in Frequency Markets with a Specific Battery : Study of the Technical and Economic Viability

    University essay from KTH/Skolan för elektroteknik och datavetenskap (EECS)

    Author : Irene Manzanares Casla; [2022]
    Keywords : Frequency; Balancing markets; Optimisation; Operational plan; Bidding strategy.; Frekvens; Balansmarknad; Optimering; Operativ plan; Anbuds strategi;

    Abstract : The growing need of grid stability derived from the current energy transition is favouring the expansion of the ancillary services markets. Thanks to their fast response, this situation can be exploited by different kinds of batteries, even by those that were initially designed for a different application. READ MORE

  6. 15. Stochastic Adaptive Robust Approach in the Optimal Bidding Behavior of a Virtual Power Plant in the Multi-Market Setup

    University essay from KTH/Skolan för elektroteknik och datavetenskap (EECS)

    Author : Nina Manivong; [2022]
    Keywords : Robust optimization; stochastic programming; strategic offering; uncertainty; virtual power plant; hydro-power; wind; storage; Robust optimering; stokastisk programmering; strategiskt erbjudande; osäkerhet; virtuellt kraftverk; vattenkraft; vindkraft; lagring;

    Abstract : Hydropower in Sweden is a powerful and efficient source of energy due to its flexibility, usually used to balance the Swedish power system. With the transition of power system into more intermittent power sources, the role of hydro-power as producers will become more important. READ MORE