Assessing the feasibility of the interconnected power market in Australia

Zeya Wang; Zhao Yang Dong; Xin Zhang; Jun Hua Zhao

doi:10.1049/ic.2015.0227

Assessing the feasibility of the interconnected power market in Australia

Zeya Wang, Zhao Yang Dong, Xin Zhang, Jun Hua Zhao

Research output: Chapters, Conference Papers, Creative and Literary Works › RGC 32 - Refereed conference paper (with host publication) › peer-review

Abstract

Take into account the unique geographical location of Australia, there is a time difference of two hours between east and west coasts of the country. This means the peak of energy usage in the two regions will occur in two different time periods. This paper studies the feasibility of building a transmission line to connect the energy markets in both east and west Australia. A simplified market simulation model is developed to investigate the operation of the interconnected market. The market prices in different regions with and without the proposed interconnection will be calculated by the proposed simulation model.

Original language	English
Title of host publication	IET Seminar Digest
Publisher	Institution of Engineering and Technology
Volume	2015
ISBN (Print)	9781785610103, 9781785610523, 9781785610806, 9781785610820, 9781785610943, 9781785611063, 9781785611094, 9781785611148, 9781785611155, 9781785611162, 9781785611179, 9781785611186, 9781785611285, 9781785611315, 9781785611582, 9781785611902, 9781785612190, 9781785612237, 9781849199827, 9781849199841
DOIs	https://doi.org/10.1049/ic.2015.0227
Publication status	Published - 2015
Externally published	Yes
Event	10th International Conference on Advances in Power System Control, Operation and Management, APSCOM 2015 - Hong Kong, China Duration: 8 Nov 2015 → 12 Nov 2015 http://digitallibrary.theiet.org/content/conferences/2015/0008

Conference

Conference	10th International Conference on Advances in Power System Control, Operation and Management, APSCOM 2015
Place	China
City	Hong Kong
Period	8/11/15 → 12/11/15
Internet address	http://digitallibrary.theiet.org/content/conferences/2015/0008

Bibliographical note

Publication details (e.g. title, author(s), publication statuses and dates) are captured on an “AS IS” and “AS AVAILABLE” basis at the time of record harvesting from the data source. Suggestions for further amendments or supplementary information can be sent to [email protected].

Research Keywords

Economic benefits
Interconnection
Market simulation
System reliability

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title = "Assessing the feasibility of the interconnected power market in Australia",

abstract = "Take into account the unique geographical location of Australia, there is a time difference of two hours between east and west coasts of the country. This means the peak of energy usage in the two regions will occur in two different time periods. This paper studies the feasibility of building a transmission line to connect the energy markets in both east and west Australia. A simplified market simulation model is developed to investigate the operation of the interconnected market. The market prices in different regions with and without the proposed interconnection will be calculated by the proposed simulation model.",

keywords = "Economic benefits, Interconnection, Market simulation, System reliability",

author = "Zeya Wang and Dong, {Zhao Yang} and Xin Zhang and Zhao, {Jun Hua}",

note = "Publication details (e.g. title, author(s), publication statuses and dates) are captured on an “AS IS” and “AS AVAILABLE” basis at the time of record harvesting from the data source. Suggestions for further amendments or supplementary information can be sent to [email protected].; 10th International Conference on Advances in Power System Control, Operation and Management, APSCOM 2015 ; Conference date: 08-11-2015 Through 12-11-2015",

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AU - Wang, Zeya

AU - Dong, Zhao Yang

AU - Zhang, Xin

AU - Zhao, Jun Hua

N1 - Publication details (e.g. title, author(s), publication statuses and dates) are captured on an “AS IS” and “AS AVAILABLE” basis at the time of record harvesting from the data source. Suggestions for further amendments or supplementary information can be sent to [email protected].

PY - 2015

Y1 - 2015

N2 - Take into account the unique geographical location of Australia, there is a time difference of two hours between east and west coasts of the country. This means the peak of energy usage in the two regions will occur in two different time periods. This paper studies the feasibility of building a transmission line to connect the energy markets in both east and west Australia. A simplified market simulation model is developed to investigate the operation of the interconnected market. The market prices in different regions with and without the proposed interconnection will be calculated by the proposed simulation model.

AB - Take into account the unique geographical location of Australia, there is a time difference of two hours between east and west coasts of the country. This means the peak of energy usage in the two regions will occur in two different time periods. This paper studies the feasibility of building a transmission line to connect the energy markets in both east and west Australia. A simplified market simulation model is developed to investigate the operation of the interconnected market. The market prices in different regions with and without the proposed interconnection will be calculated by the proposed simulation model.

KW - Economic benefits

KW - Interconnection

KW - Market simulation

KW - System reliability

UR - http://www.scopus.com/inward/record.url?scp=84997530128&partnerID=8YFLogxK

UR - https://www.scopus.com/record/pubmetrics.uri?eid=2-s2.0-84997530128&origin=recordpage

U2 - 10.1049/ic.2015.0227

DO - 10.1049/ic.2015.0227

M3 - RGC 32 - Refereed conference paper (with host publication)

SN - 9781785610103

SN - 9781785610523

SN - 9781785610806

SN - 9781785610820

SN - 9781785610943

SN - 9781785611063

SN - 9781785611094

SN - 9781785611148

SN - 9781785611155

SN - 9781785611162

SN - 9781785611179

SN - 9781785611186

SN - 9781785611285

SN - 9781785611315

SN - 9781785611582

SN - 9781785611902

SN - 9781785612190

SN - 9781785612237

SN - 9781849199827

SN - 9781849199841

VL - 2015

BT - IET Seminar Digest

PB - Institution of Engineering and Technology

T2 - 10th International Conference on Advances in Power System Control, Operation and Management, APSCOM 2015

Y2 - 8 November 2015 through 12 November 2015

ER -

Assessing the feasibility of the interconnected power market in Australia

Abstract

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Bibliographical note

Research Keywords

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