Enhanced integration of flow-based market coupling in short-term adequacy assessment

Zad, Bashir Bakhshideh; Toubeau, Jean‐François; Vatandoust, Behzad; Bruninx, Kenneth; Grève, Zacharie De; Vallée, François

doi:10.1016/j.epsr.2021.107507

Cited by 5 publications

(12 citation statements)

References 21 publications

(29 reference statements)

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“…e transportation distance from domestic hub warehouse to port and from port to overseas warehouse is far less than the shipping distance from domestic hub warehouse to overseas warehouse, which is ignored. ⑥ Distance, rate and traffic volume between nodes [11]. e generalization ability of the algorithm will affect the accuracy of network traffic prediction.…”

Section: Model Assumptionsmentioning

confidence: 99%

Overseas Warehouse Location of Cross-Border E-Commerce Based on Particle Swarm Optimization

2022

Journal of Control Science and Engineering

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In order to solve the problem of cross-border e-commerce warehouses as transit stations and direct selling platforms, the location of a cross-border e-commerce overseas warehouse is deeply studied on the basis of particle swarm optimization. Firstly, it studies the principle of algorithm optimization and algorithm method of particle swarm optimization. Among them, the self-built overseas warehouse mode has high requirements on the construction threshold, which is suitable for large cross-border e-commerce enterprises. The overseas warehouse model is built by a professional third party, which is economical and flexible, so it is suitable for mass cross-border e-commerce enterprises. Another overseas warehouse model is to build a cross-border logistics one-stop service platform with overseas warehouse as the core for all kinds of cross-border e-commerce enterprises, which is the development direction of overseas warehouse in the future. However, due to the immature construction conditions and too strong resource integration, this model is still in the stage of research, exploration, and attempt. However, choosing the location of an overseas warehouse and how to use the particle swarm optimization algorithm in the overseas warehouse development experiment remain problems to be solved. After experiments and research, the particle swarm optimization algorithm is used to solve the problem in the context of cross-border e-commerce, which verifies the feasibility of the model, so as to give a specific scheme for the location of overseas hub warehouses and overseas warehouses.

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Section: Model Assumptionsmentioning

confidence: 99%

Overseas Warehouse Location of Cross-Border E-Commerce Based on Particle Swarm Optimization

2022

Journal of Control Science and Engineering

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“…The GO distance measure focuses on the vertices of FB domain that are decisive in an adequacy assessment context rather than considering the overall shapes of FB domains (polytopes) that are complex and multi-dimensional consisting of several hundred vertices. The adequacy analyses conducted in [19] demonstrate the improved accuracy, suitable scalability, and reduced time complexity of the GO clustering approach, compared to the clustering method employed by the TSOs that is based on the overall shapes of FB domains. Nevertheless, the second part of the methodology employed by the TSOs (i.e., the correlation study), not addressed in [19], still needs to be improved since it poorly performs in terms of accuracy and scalability (as discussed in Section 3).…”

Section: Introductionmentioning

confidence: 95%

“…Following the two-step framework developed by the TSOs to integrate the FB domains into adequacy assessments, the authors of the current work proposed a Goal-Oriented (GO) distance measure in [19], which can offer a tailored dissimilarity calculation and clustering of the FB domains for the subsequent adequacy assessments. The GO distance measure focuses on the vertices of FB domain that are decisive in an adequacy assessment context rather than considering the overall shapes of FB domains (polytopes) that are complex and multi-dimensional consisting of several hundred vertices.…”

Section: Introductionmentioning

confidence: 99%

Supervised learning-assisted modeling of flow-based domains in European resource adequacy assessments

Zad

Toubeau²,

Bruninx³

et al. 2022

Applied Energy

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“…These procedures occur within precise and tight timelines, while ensuring optimal economic solutions, high performance, and robustness. In 2023, flow-based implicit allocation within the DAM will be implemented in the framework of the Core Flow-Based Market Coupling Project [64,66,67].…”

Section: Day-ahead Marketmentioning

confidence: 99%

The Electricity Market in Greece: Current Status, Identified Challenges, and Arranged Reforms

et al. 2023

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The approach of an integrated electricity market is widespread across Europe, since such a market structure has numerous benefits for both the grid and consumers. The current structure and the related policy framework of the electricity markets adopted within the European countries is based on a benchmark model, the so-called Target Model, which describes a reference energy market framework. In this paper, a comprehensive overview of the legislative effort and the resulting Target Model is provided, aiming to set the basis for the description of the adopted electricity markets in Europe. In a second stage, the current status of the Greek electricity market that operates under the Target model scheme is given via the analysis of the involved submarkets, i.e., the forward market, the day-ahead market, the intraday market, and the balancing market. An intricate case study of the Target Model operation in the Greek electricity market within a day of operation is examined, which actually completes the former description. Within the case study, the Greek electricity market is further investigated for its efficiency and the impact on the obtained electricity prices from the first day of the Target Model implementation, which took place in November 2020, and, finally, today is analysed. The results show an overall successful implementation and satisfactory performance of the Target Model in Greece, with an important main result being the reduction of prices in the balancing market and the increase of the intraday market liquidity. However, several challenges are identified and described in detail, while at the same time measures for their confrontation are proposed in order to improve market operation and fully exploit the benefits of the Target Model.

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Enhanced integration of flow-based market coupling in short-term adequacy assessment

Cited by 5 publications

References 21 publications

Overseas Warehouse Location of Cross-Border E-Commerce Based on Particle Swarm Optimization

Overseas Warehouse Location of Cross-Border E-Commerce Based on Particle Swarm Optimization

Supervised learning-assisted modeling of flow-based domains in European resource adequacy assessments

The Electricity Market in Greece: Current Status, Identified Challenges, and Arranged Reforms

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