Market-based coordination of integrated electricity and natural gas systems under uncertain supply

Abstract

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A complementarity model for electric power transmission-distribution coordination under uncertainty

“…Delikaraoglou & Pinson (2019) develop a bi-level model to optimally coordinate the reserve capacity allocation of High-Voltage Direct Current (HVDC) lines among zones. Pursuing improved sectoral coordination among different energy systems, Ordoudis et al (2020) propose two stochastic bi-level models for coordination between power and natural gas systems through optimizing the gas price and the gas volume availability in the electricity market. In a similar direction, Mitridati et al (2020) propose a set of stochastic bi-level models for coordination of power and district heating systems.…”

Research on power system flexibility considering uncertainties

“…Flexibilityisthekeytotheoperationofahighproportionrenewable energy electricity market. Large power abandonment, frequent occurrence of negative electricity prices, and price fluctuation are all manifestations of inflexibility after the power system is connected to a highproportionofrenewableenergy (Bistline,2019;Mamounakisetal., 2019;Ordoudis et al, 2020;Zhang et al, 2020). In the uncertain environment, how to improve the flexibility of the power market is worthy of attention for the realization of a new power system and the goal of dual carbon (Muñoz et al, 2021).…”

A bi-level market-clearing for coordinated regional-local multi-carrier systems in presence of energy storage technologies

“…Also, in this research, a second-order cone programming (SOCP) approach has been used to solve the problem of optimal multi-period NG and obtain the market clearing price. Authors of [17] have proposed a stochastic bi-level model to optimally define the volume of NG for power generation planning, which can predict real-time energy demands. The authors of [18] have proposed a bi-level approach for modeling the equilibrium of the coupled electricity and NG markets, where a special diagonalization algorithm (DA) has been designed to solve the interaction between two markets.…”

“…• In some works, e.g. [7][8][9][10][11][12][13][14][15][16][17][18][19][20][21], researchers have focused only on the coordination of NG and electricity systems at the regional level. They have not analyzed the impact of regional-level parameters on the local level system.…”

“…• In some works, e.g. [7,8,10,[12][13][14][15][16][17]21], the problem of optimal scheduling of integrated electricity and NG systems at the regional level without considering the linepack system has been investigated. The existence of linepack system in NG networks is beneficial and increases the flexibility of NG systems and generation units, especially in critical times of the NG network.…”