ABSTRACT: The existing electricity market design challenges the fair and competitive participation of variable renewable energy sources (vRES) due to their weather dependence and limited forecasting accuracy, especially for long-time horizons, as required in the day-ahead market (DAM). These challenges impact market clearing prices and create imbalances, leading to inefficiencies, such as market-splitting event...
ABSTRACT: Most transmission system operators (TSOs) currently use seasonally steady-state models considering limiting weather conditions that serve as reference to compute the transmission capacity of overhead power lines. The use of dynamic line rating (DLR) models can avoid the construction of new lines, market splitting, false congestions, and the degradation of lines in a cost-effective way. DLR can also be...
ABSTRACT: Wind and solar energy sources, while sustainable, are inherently variable in their power generation, posing challenges to grid stability due to their non-dispatchable nature. To address this issue, this study explores the synergistic optimization of wind and solar photovoltaic resources to mitigate power output variability, reducing the strain on local grids and lessening the reliance on balancing pow...
ABSTRACT: The goal of a carbon-neutral society by 2050 is speeding up the integration of variable renewable energy sources (vRES) in European power systems. For the expected levels of vRES, the adaptation of the demand will be crucial to manage the stochastic behaviour of these technologies. This work evaluates the impact of four prospective 2050 energy mix scenarios in the Iberian electricity market. All scena...
ABSTRACT: Portugal has a vast coastal area and significant offshore wind resources. The country has set ambitious targets and designated specific areas for offshore wind development. Current national policies are actively encouraging investment in these projects. This report compiles the latest strategies for offshore wind and green hydrogen in Portugal. It introduces the Power-to-X (P2X) concept, explores pote...
ABSTRACT: The 2050 global ambition for a carbon-neutral society is increasing the penetration of the most competitive variable renewable technologies, onshore wind and solar PV. These technologies are known for their near-zero marginal costs but highly variable time-dependent generation. Power systems with major penetrations of variable generation need high balancing flexibility to guarantee their stability by ...
ABSTRACT: In 2023, the new installed wind power capacity amounted to 159 MW. This capacity refers to overcapacity procedures, building on existing sites. Important milestones were attained by the ministerial working group created by the Portuguese government to accelerate the offshore wind market, expecting a total installed capacity of 10 GW.
ABSTRACT: Typically, Transmission System Operators apply power flow models with Seasonal Line Rating prescriptions to compute the ampacity of power lines, in a process that enables to obtain the cross-border capacity for trading between different countries or market zones. These seasonal-dependent models rely on fixed conservative meteorological conditions throughout the year, underestimating the real-time tran...