The relevance of grid expansion under zonal markets
作者： Joachim Bertsch , Tom Brown , Simeon Hagspiel , Lisa Just
DOI: 10.5547/01956574.38.5.JBER
关键词:
摘要: The European electricity market design is based on zonal markets with uniform prices. Hence, no differentiated locational price signals are provided within these zones. If intra-zonal congestion occurs due to missing grid expansion, this reveals its inherent incompleteness, and might lead severe short long-term distortions. In paper, we study distortions a focus the impact of restricted expansion under markets. Therefore, use model system restrict allowed transmission per decade. We find that combination an incomplete leads misallocation generation capacities inability transport where it needed. This results in energy imbalance some regions up 2-3% difficulty when reaching envisaged political targets power sector.
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