Modeling for the regional integration of electricity markets
Date
2018Author
Redondo, Johan Manuel
Olivar, Gerard
Ibarra-Vega, Danny
Dyner, Isaac
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Abstract
The regional integration of electricity markets has been established as desirable among the South American
nations to meet demands through the possible consolidation of a unified competing market in the medium
term (CAN, 2010). However, what remains to be defined are rules of the game with satisfactory benefits
for all parties that have been demonstrated. In this paper we propose a model of power integration based
on the Market Coupling scheme, which starts with the modeling of the national markets using the System
Dynamics modeling methodology. As a result, the expected behavior of the system is obtained, except in the
case of exports, in which, because of the assumption of an infinite transmission capacity between nations,
it is seen to surpass the real values found in the market. The work presented in this document (based on
two nations, Colombia and Ecuador) allows experimentation for the formulation of the rules of the game
necessary in the regional integration of markets.
Palabras clave
National electricity market; Systems dynamics; Piecewise smooth dynamical systems; Energy policies; ModelingLink to resource
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- Año 2018 [155]
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