Cooperation in Energy Markets Considering CO2 Emission Costs
2021 IEEE 62nd International Scientific Conference on Power and Electrical Engineering of Riga Technical University (RTUCON 2021) 2021
Romāns Oļekšijs, Antans Sauļus Sauhats, Bogdan Olekshii

This paper analyzes possibilities to form coalition of several heat and electrical energy providers to participate in district heating and electricity markets considering CO2 emission costs. Cooperation would allow to better dispatch existing energy sources and ensure higher total profit for participants. To optimize coalition operation mixed integer linear programming is used, additional profit is shared between parties according to Shapley value. Case study based on historical hourly data is provided.


Keywords
CCGT, HOB, biomass CHP, wood chip CHP, district heating, district heating market, electrical HOB, market participant coalition
DOI
10.1109/RTUCON53541.2021.9711717
Hyperlink
https://ieeexplore.ieee.org/document/9711717

Oļekšijs, R., Sauhats, A., Olekshii, B. Cooperation in Energy Markets Considering CO2 Emission Costs. In: 2021 IEEE 62nd International Scientific Conference on Power and Electrical Engineering of Riga Technical University (RTUCON 2021), Latvia, Riga, 15-17 November, 2021. Piscataway: IEEE, 2021, pp.1-6. ISBN 978-1-6654-3805-6. e-ISBN 978-1-6654-3804-9. Available from: doi:10.1109/RTUCON53541.2021.9711717

Publication language
English (en)
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