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RC_2017_02: IMPLEMENTATION OF 30-MINUTE BALANCING GATE CLOSURE
Market Advisory Committee Meeting 1 May 2017
PRESENTED BY MARTIN MATICKA AND DEAN SHARAFI
30-MINUTE BALANCING GATE CLOSURE Market Advisory Committee Meeting 1 - - PowerPoint PPT Presentation
RC_2017_02: IMPLEMENTATION OF 30-MINUTE BALANCING GATE CLOSURE Market Advisory Committee Meeting 1 May 2017 PRESENTED BY MARTIN MATICKA AND DEAN SHARAFI SLIDE 1 MARKET SYSTEMS CURRENT PROCESS System WEMS Balancing Management
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PRESENTED BY MARTIN MATICKA AND DEAN SHARAFI
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WEMS System Management Market Participants
Performed half hourly after the end of each interval
Process Submissions 1 minute Generate BMO ~3 minutes Publish BMO 1 minute
Market Participants
Balancing Submissions BMO
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56.79 MW 53.14 MW 49.4 MW 43.61 MW 37.37 MW 38.74 MW 38.62 MW 38.62 MW 38.62 MW 38.61 MW 43.7 MW 37.98 MW 31.69 MW 24.44 MW 15.57 MW $8.19 /MWh $7.56 /MWh $7.21 /MWh $6.56 /MWh $5.90 /MWh 10 20 30 40 50 60 N-5 N-4 N-3 N-2 N-1
Error (MW or $/MWh) Interval Before Gate Closure
Mean Absolute Deviation for Forecasts in the Balancing Market for 2016 (N-5 = current situation, N-2 = 30 min gate closure)
Price Forecast ($/MWh) Persistence Windfarm Forecast (MW) Windfarm Forecast (MW) Load Forecast (MW)
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0 MW 50 MW 100 MW 150 MW 200 MW 250 MW 300 MW 350 MW 400 MW 450 MW 500 MW 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50% 55% 60% 65% 70% 75% 80% 85% 90% 95% 100%
Absolute Error (MW) % of Intervals
N-5 N-4 N-3 N-2 N-1
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$0.00 $20.00 $40.00 $60.00 $80.00 $100.00 $120.00 $140.00 $160.00 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50% 55% 60% 65% 70% 75% 80% 85% 90% 95% 100%
Absolute Error ($/MWh) % of Intervals
N-5 N-4 N-3 N-2 N-1
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Current interval ‘Closed’ intervals
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