A Generic Benchmark for Power Market Analysis From Generation Mix To End-Users

Abstract

This paper presents a benchmark to model power systems market mechanisms from the generation mix to the end-users. The objective is to develop a platform that can help solving long-term planning problems. The operation described here is the joined day-ahead (DA) clearing for the wholesale market and the individual optimal scheduling of end-users equipped with distributed solar generation and storage. The implemented methods lie on linear programming whose fast computation allows to consider the decentralized control of an important number of end-users. Several scenarios are investigated with different retail prices and CO2 mitigation policies as well as different sizes for the decentralized assets at the end-users’ level