Enabling Hybrid Projects through Appropriate Market Design ()
ABSTRACT
Large-scale hybrid power plants, composed of two or
more generation sources and with the participation of energy
storage systems, have driven important electricity
Market Design regulation discussions worldwide. Regulatory framework ought to be adapted to support technical particularities of these new
generation arranges. This paper presents an assessment of the main requirements
to be met by Market Design to enable hybrid power plants by means of assertive
market incentives. Assessing regulatory adjustments promoted in Australia,
United States, India, China, and Brazil, emphasizing the latter one, the
authors presents a case study by applying specific computational simulation and
optimization model to a hybrid Hydro-Solar plant, that supports the findings
for the necessary evolution needed in the national regulatory framework in
order to enable hybrid projects. The evaluation of international experiences
indicates that the insertion of hybrid projects is associated with the design
of the market they belong to and demand regulatory adjustments so that their
attributes can be properly valued for the benefit of all stakeholders,
especially for the electricity consumer.
Share and Cite:
Soares Ramos, D. , Castro, R. , Camargo, L. , Leonel, L. , Freitas de Paiva, L. , Henrique Balan, M. , P. Gonçalves, C. , Borba Breyer, E. , Jonathan, S. and Grigoletto de Biase, R. (2022) Enabling Hybrid Projects through Appropriate Market Design.
Energy and Power Engineering,
14, 101-123. doi:
10.4236/epe.2022.142004.
Cited by
No relevant information.