Analysis of price peaks on Danish electricity market

9th International Conference on the European Energy Market, EEM 12

Volumn , Issue , 2012, Pages

  Smolen, Jan ^a   Chen, Zhe ^a  

^a NONE

Author keywords

electricity price; market model; wind power generation

Indexed keywords

DENMARK; ELECTRICITY MARKET; ELECTRICITY PRICES; GENERATION CAPACITY; MARKET MODEL; PRICE SPIKE; PRODUCTION UNITS; THERMAL ELECTRICITY; WHOLESALE ELECTRICITY; WIND GENERATION;

COMMERCE; ELECTRIC GENERATORS; ELECTRIC POWER GENERATION; ELECTRICITY; WIND POWER;

COSTS;

EID: 84866786919     PISSN: None     EISSN: None     Source Type: Conference Proceeding    
DOI: 10.1109/EEM.2012.6254784     Document Type: Conference Paper

References (25)

1. Iivo Vehviläinen, Marika Bröckl, Elina Virtanen, Markku Kallio, Nordic electricity peak prices during the winter 2009-2010, September 2010, [Online]. Availabe: http://www.energiamarkkinavirasto.fi/files/Gaia-Raportti- 20100930.pdf
2. The Nordic Energy Regulators, Report on the price peaks in the Nordic wholesale market during winter 2009-2010, January 2011, [Online]. Available: https://www.nordicenergyregulators.org/upload/Reports/Nordic-Price-Peak- Report20 111.pdf
3. The Energinet.dk, Market data. [Online]. Available: http://www.energinet. dk/EN/El/Engrosmarked/Udtraekaf-markedsdata/Sider/default.aspx
4. Paul-Frederik Bach, Wind Power and Spot Prices in Denmark and Germany Statistical Survey 2010, [Online]. Available: http://www.pfbach.dk/firma-pfb/ statistical-survey-2010.pdf
5. The Nordic Energy Regulators, Nordic Market Report 2011, March 2011, [Online]. Available: https://www.nordicenergyregulators.org/upload/Reports/ nmr2011-final%20for%20publication.pdf
6. The Energinet.dk, Achieving 20% wind power in the Danish electricity system and moving on to 50%, November 2011, [Online]. Available: http://amdee.org/Eventos/Simposio-CFE-3-11-2011/Conferencia5.pdf
7. The Nordpool Spot, Market data. [Online]. Available: http://www. nordpoolspot.com/Market-data1
8. The DONG Energy, Electricity generators. [Online]. Available: http://www.dongenergy.com/en/business%20activities/generation/ electricity%20generation/Pages/electricity%20generation.aspx
9. The Vattenfall, Power Plants. [Online]. Available: http://powerplants. vattenfall.com/#/countries/denmark
10. The Nordpool Spot, Planned Outages Overview. [Online]. Available: http://umm.nordpoolspot.com/web
11. The DONG Energy, Capacity Plan. [Online]. Available: http://grien. dongenergy.com/Menu/Economics/Performance+indicators+for+Economics/GRI%3AEU10
12. The Danish Energy Agency, Danish Energy Outlook, May 2011, [Online]. Available: http://www.ens.dk/Documents/Netboghande1%20-%20publikationer/2011/ Danish-Energy-Outlook-2011.pdf
13. Platts, Power in Europe, Issue 583, September 2010.
14. The Danish Energy Agency, Energy Policy Statement, June 2010, [Online]. Available: http://www.ens.dk/Documents/Netboghandel%20-%20publikationer/2010/ energypolicystatement2010.pdf
15. Joanna Janczura and Rafal Weron, "An empirical comparison of alternate regime-switching models for electricity spot prices", Energy Economics, 32, 2010, pp 1059-1073.
16. Mount T. D., Ning Y. and Cai X., "Predicting price spikes in electricity markets using a regime-switching model with time-varying parameters", Energy Economics, 28, January 2006, pp 62-80.
17. Alessandro Chiodi, J.Paul Deane, Maurizio Gargiulo and Brian P Ó Gallachóir, "Modelling Electricity Generation: Comparing Results from a Power Systems Model and an Energy Systems Model", [Online]. Available: http://energyexemplar.com/wp-content/uploads/publications/ ChiodiAlessandro-Paper.pdf
18. R. Pasicko, S. Robic and Z. Tomsic, "Modelling CO2 Emissions Impact on Croatian Power System", [Online]. Available: http://energyexemplar.com/ wp-content/uploads/publications/Pasicko,%20Robic,%20Tomsic%20- %20Modelling%20CO2%20emissions%20impacts%2Oon%20Croatian %20power%20system.pdf
19. The Danish Energy Agency, Technology Data for Energy Plants, June 2010, [Online]. Available: http://www.ens.dk/Documents/ Netboghandel%20%20publikationer/2010/Technology-data-for-energy-plants.pdf
20. The Danish Energy Agency, Scenarios on energy market development, [Online]. Available: http://www.ens.dk/da- DK/Info/TalOgKort/Fremskrivninger/ Fremskrivninger/Sider/Forside.aspx
21. Hans-Dieter Schilling, How did the efficiency of coal fired power stations evolve, and what can be expected in the future?, January 2005, [Online]. Available: http://www.leonardo- energy.org/repository/Library/Papers/ EfficiencyCoal.pdf
22. The ENTSO-E, Data Portal. [Online]. Available: https://www.entsoe.eu/ resources/data-portal
23. The bmwi.de, Energiedaten, [Online]. Available: www.bmwi.de
24. Danish Energy Association, Danish Electricity Supply '09 Statistical Survey, [Online]. Available: http://www.danishenergyassociation.com/Statistics. aspx
25. Weihao Hu, Zhe Chen and Brigitte Bak-Jensen, "Optimal Load Response to Time-of-Use Power Price for Demand Side Management in Denmark," in Proc. Asia-Pacific Power and Energy Engineering Conference, APPEEC 2010., pp 1-4.