메뉴 건너뛰기




Volumn 46, Issue , 2014, Pages 10-19

Why market rules matter: Optimizing pumped hydroelectric storage when compensation rules differ

Author keywords

Electricity markets; Energy market rules; Energy storage; Independent system operator; Pumped hydro; Reliability services

Indexed keywords

ELECTRICITY MARKET; ENERGY MARKETS; INDEPENDENT SYSTEM OPERATORS; PUMPED HYDRO;

EID: 84907772629     PISSN: 01409883     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.eneco.2014.08.017     Document Type: Article
Times cited : (45)

References (28)
  • 1
    • 84907762348 scopus 로고    scopus 로고
    • Giants Ridge pumped storage project
    • BARR Engineering Company Giants Ridge pumped storage project. Memorandum to Great River Energy 2009.
    • (2009) Memorandum to Great River Energy
  • 2
    • 84869135278 scopus 로고    scopus 로고
    • National Renewable Energy Laboratory, Golden, CO, (Online at. Last accessed August 8, 2014)
    • Black & Veatch Cost and Performance Data for Power Generation Technologies 2012, National Renewable Energy Laboratory, Golden, CO, (Online at http://bv.com/docs/reports-studies/nrel-cost-report.pdf. Last accessed August 8, 2014).
    • (2012) Cost and Performance Data for Power Generation Technologies
  • 3
    • 84907755041 scopus 로고    scopus 로고
    • Online at, (Last accessed August 8, 2014)
    • California Independent System Operator Building a Sustainable Energy Future: 2014-2016 Strategic Plan Online at, (Last accessed August 8, 2014). http://www.caiso.com/Documents/Decision-2014-2016StrategicPlan-Sep2013.pdf.
    • Building a Sustainable Energy Future: 2014-2016 Strategic Plan
  • 4
    • 84907785654 scopus 로고    scopus 로고
    • California Public Utilities Commission, San Francisco, CA, (Retrieved from)
    • California Public Utilities Commission CPUC Sets Energy Storage Goals for Utilities [Press release] 2013, California Public Utilities Commission, San Francisco, CA, (Retrieved from http://docs.cpuc.ca.gov/PublishedDocs/Published/G000/M079/K171/79171502.PDF).
    • (2013) CPUC Sets Energy Storage Goals for Utilities [Press release]
  • 5
    • 84893802490 scopus 로고    scopus 로고
    • State Utility Forecasting Group, Purdue University, West Lafayette, IN, (Online at: Last accessed December 1, 2013)
    • Carnegie R., Gotham D., Nderita D., Preckel P. Utility Scale Energy Storage Systems: Benefits, Applications, and Technologies 2013, State Utility Forecasting Group, Purdue University, West Lafayette, IN, (Online at: http://www.purdue.edu/discoverypark/energy/assets/pdfs/SUFG/publications/SUFG%20Energy%20Storage%20Report.pdf. Last accessed December 1, 2013).
    • (2013) Utility Scale Energy Storage Systems: Benefits, Applications, and Technologies
    • Carnegie, R.1    Gotham, D.2    Nderita, D.3    Preckel, P.4
  • 6
    • 84907739418 scopus 로고    scopus 로고
    • February 27, Scientific American, Web Exclusive, Online at. Last accessed August 10, 2014
    • Castelvecchi D. How Big a Battery Would It Take to Power All of the U.S.? 2012, February 27, Scientific American, Web Exclusive, Online at http://www.scientificamerican.com/article/castelvecchi-how-big-battery-would-it-take-power-usa/. Last accessed August 10, 2014.
    • (2012) How Big a Battery Would It Take to Power All of the U.S.?
    • Castelvecchi, D.1
  • 7
    • 79957631677 scopus 로고    scopus 로고
    • Practical operation strategies for pumped hydroelectric energy storage (PHES) utilising electricity price arbitrage
    • Connolly D., Lund H., Finn P., Mathieson B.V., Leahy M. Practical operation strategies for pumped hydroelectric energy storage (PHES) utilising electricity price arbitrage. Energy Policy 2011, 39(7):4189-4196.
    • (2011) Energy Policy , vol.39 , Issue.7 , pp. 4189-4196
    • Connolly, D.1    Lund, H.2    Finn, P.3    Mathieson, B.V.4    Leahy, M.5
  • 8
    • 0036872142 scopus 로고    scopus 로고
    • Price maker self-scheduling in a pool-based electricity market: a mixed-integer LP approach
    • de la Torre S., Arroyo J.M., Conejo A.J., Contreras J. Price maker self-scheduling in a pool-based electricity market: a mixed-integer LP approach. IEEE Trans. Power Syst. 2002, 17(4):1037-1042.
    • (2002) IEEE Trans. Power Syst. , vol.17 , Issue.4 , pp. 1037-1042
    • de la Torre, S.1    Arroyo, J.M.2    Conejo, A.J.3    Contreras, J.4
  • 9
    • 0034164861 scopus 로고    scopus 로고
    • Operating hydroelectric plants and pumped storage units in a competitive environment
    • Deb R. Operating hydroelectric plants and pumped storage units in a competitive environment. Electr. J. 2000, 13:24-32.
    • (2000) Electr. J. , vol.13 , pp. 24-32
    • Deb, R.1
  • 10
    • 35348861562 scopus 로고    scopus 로고
    • NC State University, Raleigh, NC, (Online at. Last accessed on August 10, 2014)
    • DSIRE Database of State Incentives for Renewable Energy and Efficiency 2014, NC State University, Raleigh, NC, (Online at http://www.dsireusa.org/summarytables/index.cfm?ee=1&RE=1. Last accessed on August 10, 2014).
    • (2014) Database of State Incentives for Renewable Energy and Efficiency
  • 11
    • 84907739417 scopus 로고    scopus 로고
    • Energy Information Administration, U.S. Department of Energy, Washington DC, (Online at. Last accessed on August 10, 2014)
    • EIA About 60% of the U.S. Electric Power Supply Is Managed by RTOs 2011, Energy Information Administration, U.S. Department of Energy, Washington DC, (Online at http://www.eia.gov/todayinenergy/detail.cfm?id=790. Last accessed on August 10, 2014).
    • (2011) About 60% of the U.S. Electric Power Supply Is Managed by RTOs
  • 12
    • 84861935439 scopus 로고    scopus 로고
    • Energy Information Administration, U.S. Department of Energy, Washington DC, (Online at. Last accessed on June 26, 2012)
    • EIA Annual Energy Outlook 2012 2012, Energy Information Administration, U.S. Department of Energy, Washington DC, (Online at http://www.eia.gov/forecasts/aeo/pdf/0383(2012).pdf. Last accessed on June 26, 2012).
    • (2012) Annual Energy Outlook 2012
  • 13
    • 84869431997 scopus 로고    scopus 로고
    • Docket Nos. RM11-7-000, AD10-11-000, Federal Energy Regulatory Commission, Washington DC, United States, (Last accessed on August 2014)
    • FERC Frequency Regulation Compensation in the Organized Wholesale Power Markets 2011, Docket Nos. RM11-7-000, AD10-11-000, Federal Energy Regulatory Commission, Washington DC, United States, (http://www.ferc.gov/whats-new/comm-meet/2011/102011/E-28.pdf. Last accessed on August 2014).
    • (2011) Frequency Regulation Compensation in the Organized Wholesale Power Markets
  • 14
    • 84893161347 scopus 로고    scopus 로고
    • United States Federal Energy Regulatory Commission, Online at. Last accessed on August 10, 2014
    • FERC Order on Compliance Filing 2012, United States Federal Energy Regulatory Commission, Online at http://www.ferc.gov/whats-new/comm-meet/2012/092012/E-2.pdf. Last accessed on August 10, 2014.
    • (2012) Order on Compliance Filing
  • 15
    • 84880698975 scopus 로고    scopus 로고
    • Impacts of compressed air energy storage plant on an electricity market with a large renewable energy portfolio
    • Foley A., Lobera I.D. Impacts of compressed air energy storage plant on an electricity market with a large renewable energy portfolio. Energy 2013, 57(1):85-94.
    • (2013) Energy , vol.57 , Issue.1 , pp. 85-94
    • Foley, A.1    Lobera, I.D.2
  • 18
    • 55249089896 scopus 로고    scopus 로고
    • Energy storage: The route to liberation from the fossil fuel economy?
    • Hall P.J. Energy storage: The route to liberation from the fossil fuel economy?. Energy Policy 2008, 36:4363-4367.
    • (2008) Energy Policy , vol.36 , pp. 4363-4367
    • Hall, P.J.1
  • 19
    • 84907801442 scopus 로고    scopus 로고
    • Harvard Electricity Policy Group, Cambridge MA, (Presentation, 13 pages. Online at. Last accessed on August 12, 2014)
    • Hogan W. Electricity Standard Market Design: Proposal A, Analysis A-, Execution? 2002, Harvard Electricity Policy Group, Cambridge MA, (Presentation, 13 pages. Online at http://www.hks.harvard.edu/fs/whogan/hogan_hepg_092602.pdf. Last accessed on August 12, 2014).
    • (2002) Electricity Standard Market Design: Proposal A, Analysis A-, Execution?
    • Hogan, W.1
  • 21
    • 84899104166 scopus 로고    scopus 로고
    • MISO, Carmel, IN, (Online at. Last accessed on August 21, 2012)
    • ISO Midwest Market Reports 2012, MISO, Carmel, IN, (Online at http://www.midwestiso.org. Last accessed on August 21, 2012).
    • (2012) Market Reports
  • 22
    • 84907716330 scopus 로고    scopus 로고
    • Last revised on 10-26-2013. Online at, (Last accessed on August 10, 2014)
    • ISO-NE Market Manuals, M-11 Market Operations Last revised on 10-26-2013. Online at, (Last accessed on August 10, 2014). http://www.iso-ne.com/rules_proceds/isone_mnls.
    • Market Manuals, M-11 Market Operations
  • 23
    • 72049089043 scopus 로고    scopus 로고
    • Bidding strategy for pumped storage plant in pool-based electricity market
    • Kanakasabapathy P., Swarup K.S. Bidding strategy for pumped storage plant in pool-based electricity market. Energy Convers. Manage. 2010, 51(3):572-579.
    • (2010) Energy Convers. Manage. , vol.51 , Issue.3 , pp. 572-579
    • Kanakasabapathy, P.1    Swarup, K.S.2
  • 24
    • 84868199818 scopus 로고    scopus 로고
    • The cost of wind power variability
    • Katzenstein W., Apt J. The cost of wind power variability. Energy Policy 2012, 51:233-243.
    • (2012) Energy Policy , vol.51 , pp. 233-243
    • Katzenstein, W.1    Apt, J.2
  • 25
    • 62649107810 scopus 로고    scopus 로고
    • Risk-constrained dynamic self-scheduling of a pumped-storage plant in the energy and ancillary service markets
    • Kazempour S.J., Moghaddam M.P., Haghifam M.R., Yousefi G.R. Risk-constrained dynamic self-scheduling of a pumped-storage plant in the energy and ancillary service markets. Energy Convers. Manage. 2009, 50(5):1368-1375.
    • (2009) Energy Convers. Manage. , vol.50 , Issue.5 , pp. 1368-1375
    • Kazempour, S.J.1    Moghaddam, M.P.2    Haghifam, M.R.3    Yousefi, G.R.4
  • 26
    • 2542593940 scopus 로고    scopus 로고
    • Pumped-storage hydro-turbine bidding strategies in a competitive electricity market
    • Lu N., Chow J.H., Desrochers A.A. Pumped-storage hydro-turbine bidding strategies in a competitive electricity market. IEEE Trans. Power Syst. 2004, 19(2):834-841.
    • (2004) IEEE Trans. Power Syst. , vol.19 , Issue.2 , pp. 834-841
    • Lu, N.1    Chow, J.H.2    Desrochers, A.A.3
  • 27
    • 58749113229 scopus 로고    scopus 로고
    • Estimating the value of electricity storage in PJM: arbitrage and some welfare effects
    • Sioshansi R., Denholm P., Jenkin T., Weiss J. Estimating the value of electricity storage in PJM: arbitrage and some welfare effects. Energy Econ. 2009, 31(2):269-277.
    • (2009) Energy Econ. , vol.31 , Issue.2 , pp. 269-277
    • Sioshansi, R.1    Denholm, P.2    Jenkin, T.3    Weiss, J.4
  • 28
    • 84882963960 scopus 로고    scopus 로고
    • The Economist, ((March 3), Online at. Last accessed on August 10, 2014)
    • The Economist Packing Some Power 2012, The Economist, ((March 3), Online at http://www.economist.com/node/21548495. Last accessed on August 10, 2014).
    • (2012) Packing Some Power


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.