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Balance
Balance has been developed by PSR for electricity market operators that allow generating companies to “self-dispatch” their power units while presenting price bids for decrementing or incrementing generation. The market operator must balance the forecasted demand with the total declared generation in the most economical way. Additionally, the market operator must consider the operating constraints of the power units, such as ramping constraints, minimum uptime and down time, transfer limits between different regions as well as the characteristics of the bids made by the companies, which that may be flexible, fractional, etc.
Currently TEIAS is using Balance for the optimization of the operation of the Turkish electricity market.
Tela 1.3.2 |
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