From nodal to zonal pricing: A bottom-up approach to the second-best

摘要: Congestion management schemes have taken a prominent place in current electricity market design discussions. In this paper, the implications of establishing zonal pricing Europe are analyzed with regard to potential delimitations and associated effects on total system costs. Thereby, nodal model sets benchmark for efficiency provides high-resolution input data cluster analysis based Ward's minimum variance method. The proposed configurations tested sensitivity number zones structural changes market. Furthermore, dispatch redispatch costs computed assess generation transmission. results highlight that suitable bidding not bound national borders losses static resulting from aggregation nodes into relatively small.