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 A Thorough Comparison Among Various Mathematical Approaches to Compute PUN in Italy
Tác giả hoặc Nhóm tác giả: Le Hong Lam, Valentin Ilea, Cristian Bovo
Nơi đăng: 2018 15th International Conference on the European Energy Market (EEM); Số: 1;Từ->đến trang: 1-5;Năm: 2018
Lĩnh vực: Khoa học công nghệ; Loại: Báo cáo; Thể loại: Quốc tế
TÓM TẮT
Today, the coupling of Day-Ahead Market in Europe is extensively studied. One of the challenges of the market clearing model is the National Uniform Price used in Italy and known as PUN (“Prezzo Unico Nazionale”) as it introduces nonconvexity in the model resulting in high computation time. In literature, various proposals are made to efficiently find the PUN; among them, the most promising are the iterative procedure and complementarity theory. The goal of the paper is to re-formulate these approaches and compare them to identify their advantages and disadvantages. Tests are made on the real data obtained from the official websites for 10 th −15 th of March, 2016.
ABSTRACT
Today, the coupling of Day-Ahead Market in Europe is extensively studied. One of the challenges of the market clearing model is the National Uniform Price used in Italy and known as PUN (“Prezzo Unico Nazionale”) as it introduces nonconvexity in the model resulting in high computation time. In literature, various proposals are made to efficiently find the PUN; among them, the most promising are the iterative procedure and complementarity theory. The goal of the paper is to re-formulate these approaches and compare them to identify their advantages and disadvantages. Tests are made on the real data obtained from the official websites for 10 th −15 th of March, 2016.
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