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- W4315694805 abstract "In Japan, power utilities have been divided into generation, retail, and transmission, following the electricity system reform that began in 2016. In recent years, the Japanese electricity market has been improving. Generation and retail companies use the day-ahead, capacity, balancing, and non-fossil value trading markets to buy and sell electricity. Power generation companies must estimate profits from the electricity trades in the various markets to make their long-term business plans. The generation schedule estimation for the entire power system is necessary for each generation company to estimate such profits made through different electricity markets. Therefore, a method for the estimation of daily generation schedule for the entire power system model, considering the Japanese balancing and spot markets, is proposed in this study. Furthermore, based on the proposed estimation method, the lost profits of the generators participating in the balancing market, caused by opportunity loss at the spot market, are evaluated." @default.
- W4315694805 created "2023-01-12" @default.
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- W4315694805 date "2022-11-01" @default.
- W4315694805 modified "2023-10-16" @default.
- W4315694805 title "Daily Generation Schedule Estimation for the Entire Power System Considering Japanese Electricity Markets" @default.
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- W4315694805 doi "https://doi.org/10.1109/isgtasia54193.2022.10003559" @default.
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