Utilization of a Power market Simulator in Power Adequacy Assessment
Finland is dependent on the electricity import capacity of the neighboring countries during peak demand hours. In addition, a significant amount of condensing power has been dismantled within the Baltic Sea market area during the recent years. The changes raise a question if the current power system...
Main Author: | |
---|---|
Other Authors: | , , , , |
Format: | Master Thesis |
Language: | English |
Published: |
2016
|
Subjects: | |
Online Access: | https://aaltodoc.aalto.fi/handle/123456789/20322 |
id |
ftaaltouniv:oai:aaltodoc.aalto.fi:123456789/20322 |
---|---|
record_format |
openpolar |
spelling |
ftaaltouniv:oai:aaltodoc.aalto.fi:123456789/20322 2023-05-15T17:40:19+02:00 Utilization of a Power market Simulator in Power Adequacy Assessment Sähkömarkkinoiden simulointiohjelman hyödyntäminen sähkötehon riittävyyden analysoinnissa Tulensalo, Jarkko Kuusi, Risto Sähkötekniikan korkeakoulu Lehtonen, Matti Aalto-yliopisto Aalto University 2016-05-09 application/pdf https://aaltodoc.aalto.fi/handle/123456789/20322 en eng https://aaltodoc.aalto.fi/handle/123456789/20322 URN:NBN:fi:aalto-201605121996 openAccess adequacy power market simulator Monte Carlo stochastic fault modeling Baltic Sea electricity markets G2 Pro gradu, diplomityö Master's thesis Diplomityö masterThesis 2016 ftaaltouniv 2022-12-15T19:15:10Z Finland is dependent on the electricity import capacity of the neighboring countries during peak demand hours. In addition, a significant amount of condensing power has been dismantled within the Baltic Sea market area during the recent years. The changes raise a question if the current power system is capable to cover the need for electricity at all times both now and in the future. This thesis proposes a probabilistic power adequacy analysis method for the assessment of the Baltic Sea market area based on the use of a power market simulator and Monte Carlo simulation. The method takes stochastically wind power, hydro inflows, demand, CHP and outages of both power plants and interconnectors during each hour of the year into account. As a part of this thesis, a stochastic outage generation tool was introduced which models outages according to a lognormal distribution function. In the thesis, the applicability of the proposed method was evaluated by assessing the power adequacy of Finland with two case studies which showed that the method produces sensible results. According to the results, the power adequacy of Finland decreases during the years 2012–2023 resulting from decreasing thermal capacity of Finland and its neighboring countries. The second study showed that 800 MW reinforcement on the interconnector capacity between North Sweden and Finland would significantly improve the power adequacy level of Finland. This thesis concludes that the method can be used as a tool for long-term power system adequacy analysis in various applications. Suomi ei ole teho-omavarainen huippukulutustunteina, jolloin se tarvitsee tuontisähköä naapurimaista. Sen lisäksi Itämeren alueen sähköjärjestelmästä on poistunut huomattavasti lauhdekapasiteettia viime vuosina. Suuret muutokset sähköjärjestelmässä herättävät kysymyksen, riittääkö sähköä kattamaan kulutusta jokaisena vuoden tuntina nyt ja tulevaisuudessa. Tässä diplomityössä kehitettiin todennäköisyyspohjainen menetelmä Itämeren alueen sähkötehon riittävyyden ... Master Thesis North Sweden Aalto University Publication Archive (Aaltodoc) |
institution |
Open Polar |
collection |
Aalto University Publication Archive (Aaltodoc) |
op_collection_id |
ftaaltouniv |
language |
English |
topic |
adequacy power market simulator Monte Carlo stochastic fault modeling Baltic Sea electricity markets |
spellingShingle |
adequacy power market simulator Monte Carlo stochastic fault modeling Baltic Sea electricity markets Tulensalo, Jarkko Utilization of a Power market Simulator in Power Adequacy Assessment |
topic_facet |
adequacy power market simulator Monte Carlo stochastic fault modeling Baltic Sea electricity markets |
description |
Finland is dependent on the electricity import capacity of the neighboring countries during peak demand hours. In addition, a significant amount of condensing power has been dismantled within the Baltic Sea market area during the recent years. The changes raise a question if the current power system is capable to cover the need for electricity at all times both now and in the future. This thesis proposes a probabilistic power adequacy analysis method for the assessment of the Baltic Sea market area based on the use of a power market simulator and Monte Carlo simulation. The method takes stochastically wind power, hydro inflows, demand, CHP and outages of both power plants and interconnectors during each hour of the year into account. As a part of this thesis, a stochastic outage generation tool was introduced which models outages according to a lognormal distribution function. In the thesis, the applicability of the proposed method was evaluated by assessing the power adequacy of Finland with two case studies which showed that the method produces sensible results. According to the results, the power adequacy of Finland decreases during the years 2012–2023 resulting from decreasing thermal capacity of Finland and its neighboring countries. The second study showed that 800 MW reinforcement on the interconnector capacity between North Sweden and Finland would significantly improve the power adequacy level of Finland. This thesis concludes that the method can be used as a tool for long-term power system adequacy analysis in various applications. Suomi ei ole teho-omavarainen huippukulutustunteina, jolloin se tarvitsee tuontisähköä naapurimaista. Sen lisäksi Itämeren alueen sähköjärjestelmästä on poistunut huomattavasti lauhdekapasiteettia viime vuosina. Suuret muutokset sähköjärjestelmässä herättävät kysymyksen, riittääkö sähköä kattamaan kulutusta jokaisena vuoden tuntina nyt ja tulevaisuudessa. Tässä diplomityössä kehitettiin todennäköisyyspohjainen menetelmä Itämeren alueen sähkötehon riittävyyden ... |
author2 |
Kuusi, Risto Sähkötekniikan korkeakoulu Lehtonen, Matti Aalto-yliopisto Aalto University |
format |
Master Thesis |
author |
Tulensalo, Jarkko |
author_facet |
Tulensalo, Jarkko |
author_sort |
Tulensalo, Jarkko |
title |
Utilization of a Power market Simulator in Power Adequacy Assessment |
title_short |
Utilization of a Power market Simulator in Power Adequacy Assessment |
title_full |
Utilization of a Power market Simulator in Power Adequacy Assessment |
title_fullStr |
Utilization of a Power market Simulator in Power Adequacy Assessment |
title_full_unstemmed |
Utilization of a Power market Simulator in Power Adequacy Assessment |
title_sort |
utilization of a power market simulator in power adequacy assessment |
publishDate |
2016 |
url |
https://aaltodoc.aalto.fi/handle/123456789/20322 |
genre |
North Sweden |
genre_facet |
North Sweden |
op_relation |
https://aaltodoc.aalto.fi/handle/123456789/20322 URN:NBN:fi:aalto-201605121996 |
op_rights |
openAccess |
_version_ |
1766141204635844608 |