Uplift for start-up and no-load costs in Irish electricity pool

CER/NIAER paper (11 pages, PDF) setting proposed rules for the calculation of the electricity pool price in the future all-Ireland electricity system. The preferred method to determine the pool price involves a daily computer-based optimisation over 48 variables (price in every half hour) subject to a collection of constraints for each scheduling unit and for each half-hour, and subject to an overall constraint involving three "tuning parameters" to be determined by the regulators. This overall constraint is itself dependent on another 48-variable optimisation with a similar collection of constraints. The calculation of the inputs to these optimisation problems by reference to generators' declared start-up and no-load costs takes a further two pages of intensive algebra. These rules are apparently already being implemented and no responses or comments are invited.

For further information or advice please contact Franck Latrémolière.

Filed under CER, Electricity, Ofreg.

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