The European Commission’s Target Model’s main objective is to integrate European electricity markets, leading to a single internal energy market and guaranteeing the instantaneous balance between electricity generation and demand. According to the target model for electricity trading, proposed by the European Network Transmission System Operators for Electricity (ENTSO-E), within each zone, electricity can be traded freely without taking into consideration network limitations. In contrast, for cross-border trading, the exchanges with other market areas are taken into account. Cross-border trade poses a further burden on the interconnection lines, resulting in increasing network congestion, which in turn restricts electricity trading. Thus, calculating the available capacity for trade has a significant ramification on the market. Today, the Available Transfer Capacity (ATC) mechanism dominates cross-border trading, but this methodology may be replaced by the Flow-Based (FB) approach across Europe. This paper investigates both approaches regarding the cross-border congestion management under the market coupling procedure. In our case study, the Southeast Europe (SEE) region is taken into consideration; it consists of both the FB and ATC approach in a five country (Greece, North Macedonia, Bulgaria, Serbia, and Romania) scenario. The purpose of our tests is to perform, compare, and evaluate the effectiveness of each method for the SEE region, while the main findings are the maximization of social welfare, better cross-border trading opportunities, and price convergence via the FB method.
Direct current (DC) distribution systems and DC microgrids are becoming a reliable and efficient alternative energy system, compatible with the DC nature of most of the distributed energy resources (DERs), storage devices and loads. The challenging problem of redesigning an autonomous DC-grid system in view of using energy storage devices to balance the power produced and absorbed, by applying simple decentralized controllers on the electronic power interfaces, is investigated in this paper. To this end, a complete nonlinear DC-grid model has been deployed that includes different DC-DERs, two controlled parallel battery branches, and different varying DC loads. Since many loads in modern distribution systems are connected through power converters, both constant power loads and simple resistive loads are considered in parallel. Within this system, suitable cascaded controllers on the DC/DC power converter interfaces to the battery branches are proposed, in a manner that ensures stability and charge sharing between the two branches at the desired ratio. To achieve this task, inner-loop current controllers are combined with outer-loop voltage, droop-based controllers. The proportional-integral (PI) inner-loop current controllers include damping terms and are fully independent from the system parameters. The controller scheme is incorporated into the system model and a globally valid nonlinear stability analysis is conducted; this differs from small-signal linear methods that are valid only for specific systems, usually via eigenvalue investigations. In the present study, under the virtual cost of applying advanced Lyapunov techniques on the entire nonlinear system, a rigorous analysis is formulated to prove stability and convergence to the desired operation, regardless of the particular system characteristics. The theoretical results are evaluated by detailed simulations, with the system performance being very satisfactory.
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