A spatial electricity market model for the power system: The Kazakhstan case study. (15th April 2018)
- Record Type:
- Journal Article
- Title:
- A spatial electricity market model for the power system: The Kazakhstan case study. (15th April 2018)
- Main Title:
- A spatial electricity market model for the power system: The Kazakhstan case study
- Authors:
- Assembayeva, Makpal
Egerer, Jonas
Mendelevitch, Roman
Zhakiyev, Nurkhat - Abstract:
- Abstract: Kazakhstan envisions a transition towards a green economy in the next decades, which poses an immense challenge as the country's economy and energy system depends heavily on hydrocarbon resources. Here, it lacks inclusive and transparent tools assessing technical, economic, and environmental implications resulting from changes in its electricity system. We present such a tool: our comprehensive techno-economic unit-commitment model determines the hourly least-cost generation dispatch, based on publicly available data on the technical and economic characteristics of the system. It accounts for particularities of the Kazakh electricity system by representing combined heat and power, and endogenously determining line losses. Model results examine two typical weeks: winter (annual peak load) and summer (hour of lowest annual load) presenting regionally and temporally disaggregated results for power generation, line utilization, and nodal prices. In an application to market design, the paper compares nodal and zonal pricing as two possible pricing schemes in Kazakhstan for the envisioned strengthening of the day-ahead market. The model analyze the current Kazakh electricity system and can be easily expanded to assess the sector's future development. Possible applications include investment in generation and transmission infrastructure, policy assessment for renewables integration, carbon pricing, emission reduction, and questions of market design. Highlights: HourlyAbstract: Kazakhstan envisions a transition towards a green economy in the next decades, which poses an immense challenge as the country's economy and energy system depends heavily on hydrocarbon resources. Here, it lacks inclusive and transparent tools assessing technical, economic, and environmental implications resulting from changes in its electricity system. We present such a tool: our comprehensive techno-economic unit-commitment model determines the hourly least-cost generation dispatch, based on publicly available data on the technical and economic characteristics of the system. It accounts for particularities of the Kazakh electricity system by representing combined heat and power, and endogenously determining line losses. Model results examine two typical weeks: winter (annual peak load) and summer (hour of lowest annual load) presenting regionally and temporally disaggregated results for power generation, line utilization, and nodal prices. In an application to market design, the paper compares nodal and zonal pricing as two possible pricing schemes in Kazakhstan for the envisioned strengthening of the day-ahead market. The model analyze the current Kazakh electricity system and can be easily expanded to assess the sector's future development. Possible applications include investment in generation and transmission infrastructure, policy assessment for renewables integration, carbon pricing, emission reduction, and questions of market design. Highlights: Hourly nodal least-cost electricity generation dispatch in Kazakhstan. Using detailed publicly available data on power plants and the transmission grid. Insights in regional scarcity to study interdependency between generation and grid. Tool can be adapted to analyze grid and generation investments, and market design. … (more)
- Is Part Of:
- Energy. Volume 149(2018)
- Journal:
- Energy
- Issue:
- Volume 149(2018)
- Issue Display:
- Volume 149, Issue 2018 (2018)
- Year:
- 2018
- Volume:
- 149
- Issue:
- 2018
- Issue Sort Value:
- 2018-0149-2018-0000
- Page Start:
- 762
- Page End:
- 778
- Publication Date:
- 2018-04-15
- Subjects:
- Kazakhstan -- Central Asia -- Electricity sector -- Techno-economic modeling -- Transmission network
Power resources -- Periodicals
Power (Mechanics) -- Periodicals
Energy consumption -- Periodicals
333.7905 - Journal URLs:
- http://www.elsevier.com/journals ↗
- DOI:
- 10.1016/j.energy.2018.02.011 ↗
- Languages:
- English
- ISSNs:
- 0360-5442
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 3747.445000
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 23741.xml