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Replacement Reserve for the Italian Power System and Electricity Market

Author

Listed:
  • Mauro Caprabianca

    (TERNA, Viale Egidio Galbani 70, 00056 Rome, Italy)

  • Maria Carmen Falvo

    (DIAEE—Deparment of Astronautics, University of Rome Sapienza, Energy and Electrical Engineering, via Eudossiana 18, 00184 Rome, Italy)

  • Lorenzo Papi

    (DIAEE—Deparment of Astronautics, University of Rome Sapienza, Energy and Electrical Engineering, via Eudossiana 18, 00184 Rome, Italy)

  • Lucrezia Promutico

    (TERNA, Viale Egidio Galbani 70, 00056 Rome, Italy)

  • Viviana Rossetti

    (TERNA, Viale Egidio Galbani 70, 00056 Rome, Italy)

  • Federico Quaglia

    (TERNA, Viale Egidio Galbani 70, 00056 Rome, Italy)

Abstract

Over the last years, power systems around the globe experienced deep changes in their operation, mainly induced by the widespread of Intermittent Renewable Energy Sources (IRES). These changes involved a review of market and operational rules, in the direction of a stronger integration. At European level, this integration is in progress, driven by the new European guidelines and network codes, which deal with multiple issues, from market design to operational security. In this framework, the project TERRE (Trans European Replacement Reserve Exchange) is aimed at the realization of a European central platform, called LIBRA, for the exchange of balancing resources and, in particular, for the activation of the procured Replacement Reserve (RR) resources. The Italian Transmission System Operator (TSO), TERNA, is a participant of the project and it is testing new methodologies for the sizing of RR and its required activation throughout the TERRE process. The aim of the new methodologies is to find areas of potential improvement in the sizing of RR requirements and activation, which open up the possibility for a reduction of the procurement cost, without endangering the security of the power system. This paper describes a new RR sizing methodology, proposed by TERNA, which is based on a persistence method, showing its results on real data and highlighting key advantages and potential limitations of this approach. In order to overcome these limitations, a literature review on alternative approaches has been carried out, identifying nowcasting techniques as a relevant alternative for the very short term forecast horizon. These one could be further investigated and tested in the future, using the proposed persistence method as a benchmark.

Suggested Citation

  • Mauro Caprabianca & Maria Carmen Falvo & Lorenzo Papi & Lucrezia Promutico & Viviana Rossetti & Federico Quaglia, 2020. "Replacement Reserve for the Italian Power System and Electricity Market," Energies, MDPI, vol. 13(11), pages 1-19, June.
    • Handle: RePEc:gam:jeners:v:13:y:2020:i:11:p:2916-:d:368154
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    References listed on IDEAS

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    Cited by:

    1. Maria Carmen Falvo & Stefano Panella & Mauro Caprabianca & Federico Quaglia, 2021. "A Review on Unit Commitment Algorithms for the Italian Electricity Market," Energies, MDPI, vol. 15(1), pages 1-14, December.
    2. Domagoj Badanjak & Hrvoje Pandžić, 2021. "Distribution-Level Flexibility Markets—A Review of Trends, Research Projects, Key Stakeholders and Open Questions," Energies, MDPI, vol. 14(20), pages 1-26, October.
    3. Tadeusz Mączka & Halina Pawlak-Kruczek & Lukasz Niedzwiecki & Edward Ziaja & Artur Chorążyczewski, 2020. "Plasma Assisted Combustion as a Cost-Effective Way for Balancing of Intermittent Sources: Techno-Economic Assessment for 200 MW el Power Unit," Energies, MDPI, vol. 13(19), pages 1-16, September.
    4. Piotr F. Borowski, 2020. "Zonal and Nodal Models of Energy Market in European Union," Energies, MDPI, vol. 13(16), pages 1-21, August.
    5. Enrico Maria Carlini & Mauro Caprabianca & Maria Carmen Falvo & Sara Perfetti & Luca Luzi & Federico Quaglia, 2021. "Proposal of a New Procurement Strategy of Frequency Control Reserves in Power Systems: The Italian Case in the European Framework," Energies, MDPI, vol. 14(19), pages 1-21, September.
    6. Lisi, Francesco & Grossi, Luigi & Quaglia, Federico, 2023. "Evaluation of Cost-at-Risk related to the procurement of resources in the ancillary services market. The case of the Italian electricity market," Energy Economics, Elsevier, vol. 121(C).

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