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Electricity and Natural Gas Interdependency: Comparison of Two Methodologies for Coupling Large Market Models Within the European Regulatory Framework

机译:电力和天然气的相互依赖性:比较欧洲监管框架内耦合大型市场模型的两种方法

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摘要

Power generation growth based on natural gas fired power plants (NGFPPs) has lead to increasing interactions between electric power and natural gas industries. More companies are progressively and simultaneously participating as big players in both markets. However, each company has traditionally been settled in one side, holding a particular competitive advantage: electric power generation companies mainly know how to operate their generation assets, whereas gas companies mainly know how to manage their gas supply contracts and make use of often regulated gas assets. Multi-product energy companies have even created independent departments which decisions are usually taken uncoordinatedly. In any case, companies (or departments) usually support their decision-making process in mathematical tools which represent each market with detail. This paper presents two methodologies for coupling two interdependent electricity and gas market models formulated as optimization problems. Each methodology fulfills different department wishes. The “electricity-perspective” methodology maximizes electricity market profits after calculating equivalent gas contracts with the gas market model. In contrast, the “gas-perspective” methodology minimizes gas operation costs after obtaining the relationship between the marginal revenue and the gas consumption with the electricity market model. This coordinated solution would allow companies to obtain synergies, resulting in a competitive advantage over other companies that operate uncoordinatedly in both markets
机译:基于天然气发电厂(NGFPPs)的发电量增长导致电力与天然气行业之间的互动不断增加。越来越多的公司逐渐并同时作为这两个市场的大参与者参与。但是,传统上,每家公司都固定在一方,拥有特殊的竞争优势:发电公司主要知道如何操作其发电资产,而天然气公司主要知道如何管理其天然气供应合同并利用经常受到管制的天然气资产。多产品能源公司甚至建立了独立的部门,这些部门的决策通常是不协调的。无论如何,公司(或部门)通常使用数学工具来支持他们的决策过程,这些数学工具代表每个市场的细节。本文提出了两种方法,可以将两个相互依存的电力和天然气市场模型耦合在一起,以优化问题的形式出现。每种方法都可以满足部门的不同愿望。在用天然气市场模型计算等效的天然气合同后,“电力透视”方法可以使电力市场的利润最大化。相反,在用电力市场模型获得边际收益与天然气消费之间的关系之后,“天然气透视”方法将天然气运营成本降至最低。这种协调的解决方案将使公司获得协同效应,从而在两个市场上均没有协调的其他公司中获得竞争优势。

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