Essays about: "balancing markets"

Showing result 6 - 10 of 48 essays containing the words balancing markets.

  1. 6. A Techno-Economic Case Study of the Implementation of Hydrogen Technology in Connection to a CHP Plant

    University essay from Lunds universitet/Institutionen för energivetenskaper

    Author : Kristina Häggström Wedding; Amanda Kander; [2023]
    Keywords : Hydrogen Technology; Electrolyzer; Fuel Cell; Ancillary Services; Electricity Markets; Power Balancing; Balancing Markets; Power to Gas; Power to Power; Combined Heat and Power; District Heat; Heat Utilization; Flexibility; Optimization; Technology and Engineering;

    Abstract : With climate change as the main driving force, the energy system is currently undergoing changes. Both the share of renewable resources used to produce electricity and the overall electrification is increasing. A way to handle the resulting challenges from more intermittent electricity production is by the implementation hydrogen technology. READ MORE

  3. 7. Potential and challenges of Battery Energy Storage(BESS) : The case of Poland

    University essay from KTH/Kraft- och värmeteknologi

    Author : Marcin Ziółkowski; [2023]
    Keywords : BESS; energy storage; electricity markets; ancillary services; techno-economic analysis; energy policy; EU direetives;

    Abstract : According to the “Draft development plan for meeting the current and future electricity demandfor 2023-2032” developed by the Polish Transmission System Operator PSE, the most appropriate solution is to significantly expand the possibilities of energy storage, due to its role as a factor improving the power balancing with the increase of wind farms and photovoltaic (PV) sources. Poland has changed the rules governing the energy industry to encourage energy storage. READ MORE

  4. 8. UTILIZING WIND POWER IN GRID BALANCING AT AUTOMATIC FREQUENCY RESTORATION RESERVE AND MANUAL FREQUENCY RESTORATION RESERVE LEVELS

    University essay from Uppsala universitet/Institutionen för geovetenskaper

    Author : Yang Lu; [2023]
    Keywords : frequency restoration reserve FRR ; balancing markets; wind power integration;

    Abstract : Variable renewables like wind energy are playing an increasingly heavy role in power generation with higher penetration levels. While such trend in electricity spot market is undeniable, how to integrate wind power in the balancing market remains uncertain. READ MORE

  5. 9. Optimal Portfolio Re-Balancing on Fixed Periods using a Cost/Risk Adaptation Model and Stochastic Optimization.

    University essay from Linköpings universitet/Produktionsekonomi

    Author : Max Ehn; Marcus Jämte; [2023]
    Keywords : Optimal portfolio re-balancing; optimal liquidation; minimize transaction costs; trading-volume estimation; stochastic optimization; Financial mathematics; tracking error; execution strategies; opportunity costs; liquidation costs; applied mathematics; PRIIP regulation; Swing-pricing;

    Abstract : In this thesis we investigate the problem of portfolio re-balancing for fixed periods using a cost/risk adaptation model and stochastic optimization. The cost/risk adaptation model takes theory of optimal liquidity costs and risk preference to build a universe in which we try to find better strategies than conventional ones. READ MORE

  6. 10. Powering up profits - Integrating Power Purchase Agreements and Battery Systems for Nordic Power Futures

    University essay from Lunds universitet/Institutionen för energivetenskaper

    Author : William Thorwaldson; Ellen Jinglöv; [2023]
    Keywords : Power Purchase Agreements; Financial Power Trading; Battery Energy Storage Systems; Power Futures; Technology and Engineering;

    Abstract : This master’s thesis aims to assess the profitability and the factors impacting the profitability of entering a short position in financial derivative contracts on the Nordic power market while procuring electricity through a pay-as-produced power purchase contract and on the day-ahead (DA) market, simultaneously the strategy utilizes a battery storage system to mitigate the effects of price spikes. The research adopted a mixed-method approach by combining quantitative analysis with qualitative findings. READ MORE