Relatively uncongested…for now
I mean, I guess I disagree that you need anything close to a perfect model. You will get many of the benefits of the correct solution by using linearized power flow with nodal pricing and explicitly modeling…
Not pricing transmission in the price of EU power likely is more of a market design issue rather than a technical one given that the U.S markets have been doing this since they liberalized 30 years ago (though yes,…
I'm afraid I'm not too familiar with BESS in particular, and the people I spoke to are probably not too keen on sharing much (which is generally true of those who work in U.S markets). Unfortunately it's all very…
On top of what others have mentioned, this paper also sidesteps forecasting electricity prices, which is already a very complicated problem (particularly in U.S markets where we have zonal pricing) needed to build…
Would recommend an air fryer for this; They are basically made to reheat things with oil on them already.
Are you sure you know what deflation is?
Being in SCED just means that the resource bid into the real time energy market (which clears every 5 mins), it does not necessarily mean that the resource is cheap to dispatch. The confusion here might be caused by the…
it is zoomer language for “very skilled”.
You can certainly alleviate the disadvantage of being slower though - and that’s exactly what literature in batch trading argues.
Relatively uncongested…for now
I mean, I guess I disagree that you need anything close to a perfect model. You will get many of the benefits of the correct solution by using linearized power flow with nodal pricing and explicitly modeling…
Not pricing transmission in the price of EU power likely is more of a market design issue rather than a technical one given that the U.S markets have been doing this since they liberalized 30 years ago (though yes,…
I'm afraid I'm not too familiar with BESS in particular, and the people I spoke to are probably not too keen on sharing much (which is generally true of those who work in U.S markets). Unfortunately it's all very…
On top of what others have mentioned, this paper also sidesteps forecasting electricity prices, which is already a very complicated problem (particularly in U.S markets where we have zonal pricing) needed to build…
Would recommend an air fryer for this; They are basically made to reheat things with oil on them already.
Are you sure you know what deflation is?
Being in SCED just means that the resource bid into the real time energy market (which clears every 5 mins), it does not necessarily mean that the resource is cheap to dispatch. The confusion here might be caused by the…
it is zoomer language for “very skilled”.
You can certainly alleviate the disadvantage of being slower though - and that’s exactly what literature in batch trading argues.