This title appears in the Scientific Report :
2020
Understanding power-grid frequency dynamics with stochastic modelling: The influence of the electricity market
Understanding power-grid frequency dynamics with stochastic modelling: The influence of the electricity market
The ongoing energy transition transforms the power system by introducing additional fluctuations via intermittent renewable energy generation To evaluate the various proposed strategies of implementation of renewable energy generation and the impact of market design on the power grid’s stability, a...
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Personal Name(s): | Rydin Gorjao, Leonardo (Corresponding author) |
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Contributing Institute: |
Systemforschung und Technologische Entwicklung; IEK-STE |
Imprint: |
2019
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Conference: | DPG Frühjahrstagung Regensburg 2019, Regensburg (Germany), 2019-03-31 - 2019-04-05 |
Document Type: |
Conference Presentation |
Research Program: |
Helmholtz Young Investigators Group "Efficiency, Emergence and Economics of future supply networks" Energie System 2050 Assessment of Energy Systems – Addressing Issues of Energy Efficiency and Energy Security |
Publikationsportal JuSER |
The ongoing energy transition transforms the power system by introducing additional fluctuations via intermittent renewable energy generation To evaluate the various proposed strategies of implementation of renewable energy generation and the impact of market design on the power grid’s stability, a solid understanding of the power grid dynamics, specifically its frequency, is necessary. A pure empirical study on existing power grids is limited due to their small number, limited available data and high costs of implementing control and market schemes in real grids. Our model allows predictions of the frequency statistics for diverse power grids and ultimately enables us to quantify the impact of control proposals and market designs. |