An Integrated Analysis of Technical and Economic Problems to Support Power System Constraints with a Highly Dependence of Thermal Power Plants
In a centralized wholesale power system market scenario, the transmission and distribution constraints limit dispatch and require additional generation to support an integrated area known as Security Generation. This one must be covered in each area, and its cost transferred to the final users. The...
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| Format: | Article |
| Language: | English |
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EconJournals
2024-12-01
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| Series: | International Journal of Energy Economics and Policy |
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| Online Access: | https://econjournals.com./index.php/ijeep/article/view/17182 |
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| author | Jorge Ivan Silva-Ortega Hernan Hernandez Herrera Idi Amin Isaac Millan Jorge Wilson Gonzalez Sanchez Zaid Garcia-Sanchez Yamile Diaz Torres John William Grimaldo-Guerrero |
| author_facet | Jorge Ivan Silva-Ortega Hernan Hernandez Herrera Idi Amin Isaac Millan Jorge Wilson Gonzalez Sanchez Zaid Garcia-Sanchez Yamile Diaz Torres John William Grimaldo-Guerrero |
| author_sort | Jorge Ivan Silva-Ortega |
| collection | DOAJ |
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In a centralized wholesale power system market scenario, the transmission and distribution constraints limit dispatch and require additional generation to support an integrated area known as Security Generation. This one must be covered in each area, and its cost transferred to the final users. The security generation cost gets higher when operation implicates the use of thermal power plants whose price equation depends on international fuels costs. This paper examines the consequences of a high reliance on thermal power plants. It focuses on scheduled reserves affecting electricity unit costs and the potential for constraints to lead to long-term consequences. The paper analyzes the security generation behavior based on reports and uses a real scenario to support simulations and decisions, evidencing monthly cost and an estimated CO2 emission. Results show the direct cost-saving potential of investing in renewable projects and technology. The paper can allow to replicate the analysis in comparable areas and regions with similar challenges.
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| format | Article |
| id | doaj-art-db2b9d5d774844ab8610c96b54de981c |
| institution | Kabale University |
| issn | 2146-4553 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Energy Economics and Policy |
| spelling | doaj-art-db2b9d5d774844ab8610c96b54de981c2024-12-23T01:04:06ZengEconJournalsInternational Journal of Energy Economics and Policy2146-45532024-12-0115110.32479/ijeep.17182An Integrated Analysis of Technical and Economic Problems to Support Power System Constraints with a Highly Dependence of Thermal Power PlantsJorge Ivan Silva-Ortega0Hernan Hernandez Herrera1Idi Amin Isaac Millan2Jorge Wilson Gonzalez Sanchez3Zaid Garcia-Sanchez4Yamile Diaz Torres5John William Grimaldo-Guerrero6Universidad de la Costa, Barranquilla, Colombia,Universidad Simon Bolivar, Facultad de Ingenierías, Barranquilla, Colombia,Universidad Pontificia Bolivariana, Medellín, Colombia,Universidad Pontificia Bolivariana, Medellín, Colombia,Universidad de Cienfuegos, Cuba,Universitat de les Illes, España,Universidad de la Costa, Barranquilla, Colombia. In a centralized wholesale power system market scenario, the transmission and distribution constraints limit dispatch and require additional generation to support an integrated area known as Security Generation. This one must be covered in each area, and its cost transferred to the final users. The security generation cost gets higher when operation implicates the use of thermal power plants whose price equation depends on international fuels costs. This paper examines the consequences of a high reliance on thermal power plants. It focuses on scheduled reserves affecting electricity unit costs and the potential for constraints to lead to long-term consequences. The paper analyzes the security generation behavior based on reports and uses a real scenario to support simulations and decisions, evidencing monthly cost and an estimated CO2 emission. Results show the direct cost-saving potential of investing in renewable projects and technology. The paper can allow to replicate the analysis in comparable areas and regions with similar challenges. https://econjournals.com./index.php/ijeep/article/view/17182Ancillary Service, Power System Constraints, Thermal Power Plants, Security Generation |
| spellingShingle | Jorge Ivan Silva-Ortega Hernan Hernandez Herrera Idi Amin Isaac Millan Jorge Wilson Gonzalez Sanchez Zaid Garcia-Sanchez Yamile Diaz Torres John William Grimaldo-Guerrero An Integrated Analysis of Technical and Economic Problems to Support Power System Constraints with a Highly Dependence of Thermal Power Plants International Journal of Energy Economics and Policy Ancillary Service, Power System Constraints, Thermal Power Plants, Security Generation |
| title | An Integrated Analysis of Technical and Economic Problems to Support Power System Constraints with a Highly Dependence of Thermal Power Plants |
| title_full | An Integrated Analysis of Technical and Economic Problems to Support Power System Constraints with a Highly Dependence of Thermal Power Plants |
| title_fullStr | An Integrated Analysis of Technical and Economic Problems to Support Power System Constraints with a Highly Dependence of Thermal Power Plants |
| title_full_unstemmed | An Integrated Analysis of Technical and Economic Problems to Support Power System Constraints with a Highly Dependence of Thermal Power Plants |
| title_short | An Integrated Analysis of Technical and Economic Problems to Support Power System Constraints with a Highly Dependence of Thermal Power Plants |
| title_sort | integrated analysis of technical and economic problems to support power system constraints with a highly dependence of thermal power plants |
| topic | Ancillary Service, Power System Constraints, Thermal Power Plants, Security Generation |
| url | https://econjournals.com./index.php/ijeep/article/view/17182 |
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