Integrated mathematical model for uniform purchase prices on multi-zonal power exchanges

Á Sleisz, D Raisz - Electric Power Systems Research, 2017 - Elsevier
Electricity market integration is an important aspect of the planned Internal Energy Market in
Europe. Day-ahead power exchanges (PXs) are going to be merged into a unified trading …

New formulation of power plants' general complex orders on European electricity markets

Á Sleisz, D Divényi, D Raisz - Electric Power Systems Research, 2019 - Elsevier
The adequate modeling of power generation is one of the most challenging issues in the
field of electricity markets. Practical market clearing requires simple and transparent …

Complex supply orders with ramping limitations and shadow pricing on the all-European day-ahead electricity market

Á Sleisz, D Raisz - International Journal of Electrical Power & Energy …, 2016 - Elsevier
Power suppliers potentially have several complicated economic and technical
characteristics which can make their daily trading quite difficult on European power …

[HTML][HTML] Strategic bidding via the interplay of minimum income condition orders in day-ahead power exchanges

D Csercsik - Energy Economics, 2021 - Elsevier
In this paper, we study the so-called minimum income condition order, which is used in
some day-ahead electricity power exchanges to represent the production-related costs of …

Efficient formulation of minimum income condition orders on the all-European power exchange

Á Sleisz, D Raisz - Periodica Polytechnica Electrical Engineering and …, 2015 - pp.bme.hu
The unification of European day-ahead electricity markets leads to several challenging
problems some of which arise from the mathematical formulation of the common power …

Introduction of flexible production bids and combined package-price bids in a framework of integrated power-reserve market coupling

D Csercsik - arXiv preprint arXiv:2004.13466, 2020 - arxiv.org
In this article we propose a multi-zonal integrated energy-reserve market model. We assume
that bidders may submit their demand and supply bids on the one hand in the form of …

New offer structure for a co-optimized day-ahead electricity market

B Polgári, P Sőrés, D Divényi, Á Sleisz… - … Conference on the …, 2015 - ieeexplore.ieee.org
The topic of this paper is the introduction of a new offer structure type for a co-optimized day-
ahead energy market. Co-optimization refers to that energy and reserve are procured …

The uncertain bidder pays principle and its implementation in a simple integrated portfolio-bidding energy-reserve market model

D Csercsik, Á Sleisz, PM Sőrés - Energies, 2019 - mdpi.com
One reason for the allocation of reserves in electricity markets is the uncertainty of demand
and supply. If the bias of the generation portfolio shifts from controllable generators to …

Price decoupling in a simple electricity market model with block and minimum income condition orders

D Csercsik - 2018 19th IEEE Mediterranean Electrotechnical …, 2018 - ieeexplore.ieee.org
We propose a simple market scenario with fill-or-kill, block and minimum income orders to
test the effect of various clearing mechanisms in a computationally easy-to-handle …

[PDF][PDF] Entwicklung eines Ansatzes für die Einbindung zeitgekoppelter Gebotstypen in eine europäische Strommarktsimulation

P Wirtz, N Dresemann, K Pacco, A Moser - 2022 - tugraz.at
Entwicklung eines Ansatzes für die Einbindung zeitgekoppelter Gebotstypen in eine
europäische Strommarktsimulation Page 1 Name: Entwicklung eines Ansatzes für die …