Determination of price zones during transition from uniform to zonal electricity market: A case study for Turkey

Title Determination of price zones during transition from uniform to zonal electricity market: A case study for Turkey
Author Poyrazoğlu, Göktürk
Publication Date: 2021-02
Publication Place - MDPI AG
Subject Electricity market, Clustering quality, K-means clustering, Spatially constrained clustering, Zonal pricing
Type Periodical
Language English
Digital Yes
Manuscript No
Library: Özyeğin University
Library Asset ID 1996-1073
Record ID 0c331aee-8d8d-4268-817c-796ea4fd57ff
Library Location Electrical & Electronics Engineering
Date 2021-02
Sample Text In the electricity market, different pricing models can be applied to increase market competitiveness. Different electricity systems use different market structures. Uniform marginal pricing, zonal marginal pricing, and nodal marginal pricing methods are commonly used market structures. For markets wishing to move from a uniform pricing structure to a more competitive zonal pricing structure, the determination of price zones is critical for achieving a competitive market that generates accurate price signals. Three different pricing zone detection algorithms are analyzed in this paper including the k-means clustering and queen/rook spatially constraint clustering. Finally, the results of a case study for the Turkish electricity system are shared to compare each method.
DOI 10.3390/en14041014
Cilt 14
View in source Özyeğin University Özyeğin Üniversitesi
Özyeğin Üniversitesi Özyeğin University

Determination of price zones during transition from uniform to zonal electricity market: A case study for Turkey

Author Poyrazoğlu, Göktürk
Publication Date 2021-02
Publication Place - MDPI AG
Subject Electricity market, Clustering quality, K-means clustering, Spatially constrained clustering, Zonal pricing
Type Periodical
Language English
Digital Yes
Manuscript No
Library Özyeğin University
Library Asset ID 1996-1073
Record ID 0c331aee-8d8d-4268-817c-796ea4fd57ff
Library Location Electrical & Electronics Engineering
Date 2021-02
Sample Text In the electricity market, different pricing models can be applied to increase market competitiveness. Different electricity systems use different market structures. Uniform marginal pricing, zonal marginal pricing, and nodal marginal pricing methods are commonly used market structures. For markets wishing to move from a uniform pricing structure to a more competitive zonal pricing structure, the determination of price zones is critical for achieving a competitive market that generates accurate price signals. Three different pricing zone detection algorithms are analyzed in this paper including the k-means clustering and queen/rook spatially constraint clustering. Finally, the results of a case study for the Turkish electricity system are shared to compare each method.
DOI 10.3390/en14041014
Cilt 14
Özyeğin Üniversitesi
Özyeğin University You are being redirected...

Please wait