Reengineering of Electricity Market Monitoring

Kasperowicz, Rafał; Pinczyński, Marcin; Tiwari, Aviral Kumar; Nawrot, Łukasz

doi:10.14254/2071-789x.2017/10-4/14

Cited by 7 publications

(7 citation statements)

References 13 publications

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“…The electricity consumption on the demand side will be affected by the operation mechanisms of the electricity market [48], and the electricity price purchased from the external grid in this paper is based on the time-of-day tariff scheme [49]. The peak periods are 8:00-11:00 and 18:00-23:00, and the electricity price is 1.35 CNY/kW•h.…”

Section: Case Study and Resultsmentioning

confidence: 99%

Optimal Operation Strategy of a Community Integrated Energy System Constrained by the Seasonal Balance of Ground Source Heat Pumps

Liu

et al. 2020

Sustainability

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Ground source heat pumps (GSHPs) are now widely used in community integrated energy systems (CIES) because of their high efficiency in energy conversion. However, the coefficient of performance (COP) of GSHPs is unstable if the soil temperature changes with seasonal imbalanced cooling and heating loads, thus downgrading the overall performance of CIES. In this paper, an annual optimization model for CIES that considers the seasonal balance of GSHPs is established. Then, a day-ahead operation strategy based on the pre-allocated load of the GSHP in the yearly balance is proposed while considering the uncertainties in daily conditions. The proposed strategy is validated on a practical CIES in China and assessed on a year-round time scale. The results show that the operation of CIES can be stable, economical and sustainable while ensuring the seasonal balance of the GSHP.

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Section: Case Study and Resultsmentioning

confidence: 99%

Optimal Operation Strategy of a Community Integrated Energy System Constrained by the Seasonal Balance of Ground Source Heat Pumps

Liu

et al. 2020

Sustainability

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“…Kayhan S. et al, (2010) confirmed this type of causality between electricity consumption and economic growth for Romania during 2001-2010. This type of Granger causality is typical for the EU, because for other parts of the world showed that high GDP rates allow for more electricity consumption Karanfil & Li, 2015;Kasperowicz et al, 2017;Pinczynski & Kasperowicz, 2017).…”

Section: Source: Authors' Own Computationsmentioning

confidence: 88%

The impact of biodiesel consumption by transport on economic growth in the European Union

Štreimikienė

Simionescu

Bilan

2019

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The actual EU strategies of sustainable development have determined a very fast increase in biodiesel consumption within the EU, especially since 2005. In line with these developments, the main aim of this paper is to evaluate the impact from biodiesel consumption by transport on economic growth of the EU. The identification of some groups of countries according to economic growth and biodiesel consumption in transport (cluster analysis) was performed. The relationship between economic growth and energy based on biodiesel consumption (panel data models and Granger causality on panel data) was assessed. In this context, using the available data, we assessed the effects of biodiesel consumption by transport on economic growth in the EU over the period 2010-2016. The results based on the panel data approach indicate a positive, but very low impact of energy obtained from biodiesel consumption by transport on the EU's economic growth. An increase in energy based on biodiesel by one thousand tons of oil equivalent generated, on average, an increase of 0.0019 percentage points in the real GDP rate in the EU during the period of 2010-2016. There is only a unidirectional Granger causality relationship between these two variables: the biodiesel consumption Granger caused the EU economic growth from 2010 to 2016. Policy recommendations should focus on the extension of biodiesel consumption for transport within the EU by establishing a higher minim percentage of biodiesel in transport.

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“…Mini-grids today include various AC [135] and DC [136,137] transmission options and a variety of primary energy sources (oil, biomass, hydro, wind, solar, hydrogen, or hybrids among others) [27,138]. Monitoring systems [139] allow companies to gather a large amount of data on systems usage, enabling them to refine their business models and technical solutions. Finally, smart grids with improved automation and communication between supply and demand side technologies have enhance their effectiveness [140].…”

Section: Discussionmentioning

confidence: 99%

A Retrospective Analysis of Energy Access with a Focus on the Role of Mini-Grids

et al. 2020

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Achieving universal access to electricity by 2030 is a key part of the Agenda for Sustainable Development, and has its own Sustainable Development Goal, SDG 7.1. This is because electricity services are required for almost all aspects of a modern economy, from the cooling of vaccines to irrigation pumping, to manufacturing and running a business. The achievement of SDG 7.1 will require a thoughtful mix of policy, finance, and technology to be designed and implemented at scale. Yet, the pressing need for an electrification ramp-up is not unprecedented. Many countries (now considered "industrialized") faced similar challenges about a century ago. Although the existing literature covers a great deal of power systems evolution, there is a gap around the specific role and impact of small, isolated power systems in the early stages of electricity uptake. In this paper, we provide insights based on the review of the historical electrification efforts in four (now middle and high-income) countries. The drivers and context of electrification efforts in early stages are described. Those focus particularly on the role of dispersed, small-scale generation systems (mini-grids). Our analysis shows that electrification follows four loosely defined phases, namely: pilot projects, technological roll-out, economic expansion, and social scale-up. We report a selection of historical mistakes and advances that offer lessons of striking importance for today´s energy access efforts, particularly in regards to the development of mini-grids. We find that today, as historically, multi-stakeholder (e.g., planners, regulators, developers, investors, third party actors) collaboration is key and can help build locally adaptable, economically sustainable and community compatible mini-grids that can accelerate-and lower the societal costs of-universal access to electricity.

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Reengineering of Electricity Market Monitoring

Cited by 7 publications

References 13 publications

Optimal Operation Strategy of a Community Integrated Energy System Constrained by the Seasonal Balance of Ground Source Heat Pumps

Optimal Operation Strategy of a Community Integrated Energy System Constrained by the Seasonal Balance of Ground Source Heat Pumps

The impact of biodiesel consumption by transport on economic growth in the European Union

A Retrospective Analysis of Energy Access with a Focus on the Role of Mini-Grids

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