- EEM 08
Transcrição
- EEM 08
Welcome to EEM 08 The ISEL - Lisbon Engineering Superior Institute in connection with the TUL - Technical University of Lodz has the pleasure to organize the EEM 08 - 5th International Conference on the European Electricity Market, on 28-30 May 2008, in Lisbon. The International Conference on the European Electricity Market is a premier forum to discuss the development of the energy sector in a market environment and the creation of the common European electricity market. It has achieved a considerable success during the past editions, held in Poland, covering the electricity and gas markets policies and experiences, climate change impact on the sector, renewable energies and new developments at the European level. The EEM 08 comprises plenary sessions on the first two days (May 28, 29) with keynote speakers from the main European institutions, market agents and prominent academics, which will provide their views on the main topics of the conference: - European electricity market: key policies - Hedging risk in electricity markets - Integration of intermittent energy sources in the grid - Transmission networks in a market environment - European electricity market: key experiences - White and green tradable certificates - Climate change - The Iberian electricity market The third day (May 30) is focused on the latest research with the presentation and discussion of scientific papers. The EEM 08 has received a record of 218 communications from 33 countries, from which 147 were accepted for presentation after a rigorous reviewing process by the Scientific Committee. These papers will be presented in 20 oral sessions divided in 5 parallel sessions and a poster session during the coffee breaks of the third day. In recognition for the high standard of the EEM conference the IEEE/PES has become this year the conference co-sponsor and will publish the accepted papers in the IEEE Xplore. Following the previous editions tradition the EEM 08 promotes the Competition for the best PhD papers which provides the opportunity for young researchers to present their work in the international forum. The three best papers will receive special awards at the EEM 08 gala dinner. I hope that you profit as much as possible from such an arena for free discussion and debate among experts, which will give all of us the opportunity to share different views about the energy markets that are today key issues in many ways. I wish you also a pleasant stay in this unique atmosphere of Lisbon. Jorge de Sousa Chairman of the EEM 08 1 EEM 08 - 5th International Conference on the European Electricity Market Conference Topics 1. Electricity market policies, structures and rules • • • • • • • • • • • • Structure of electricity markets Integration of electricity markets Mergers and acquisitions Energy policies Security of supply Investment in power generation, transmission and distribution networks Power generation strategic planning Regulation of transmission and distribution systems Capacity and ancillary services markets Market power and market strategies Electricity markets modelling and simulation Market monitoring 2. Transmission and distribution systems • • • • • • • • • • • System operation planning in market environment Network congestion management Ancillary services Real time balancing Inter TSO compensation Crossborder trading and tariffs Nodal pricing Cost of losses Power quality Unbundling of distribution business Last resort suppliers 3. Renewable energies and distributed generation (DG) • • • • • • • • • • DG technologies Impact of renewable energies and DG on networks Real costs of renewable energies and DG development Imbalances caused by renewable energies and DG Local balancing areas Local balancing markets Trading imbalances Incentives to investment in renewable energies and DG Impact of renewable energies and DG on security of supply Energy storage 4. Gas, carbon and financial markets • • • • • 2 Natural gas markets CO2 emissions trading, CDM and JI Green certificate markets Risk management in energy markets Futures, forwards and others derivatives in energy markets Conference Committees Chairman: Jorge de Sousa, Lisbon Engineering Superior Institute, ISEL, Portugal Co-Chairman: Władysław Mielczarski, Technical University of Lodz, Poland International Scientific Committee Aleksander Weron, Politechnika Wrocławska, Poland Antonio Conejo, Universidad de Castilla - La Mancha, Spain Derek Bunn, London Business School, United Kingdom Francisco Galiana, McGill University, Canada Gianluigi Migliavacca, CESI RICERCA S.p.A., Italy Hans-Jüergen Haubrich, RWTH Aachen University, Germany Jean-Michel Glachant, University Paris Sud, France John Parsons, Massachusetts Institute of Technology, USA Jorge de Sousa, Lisbon Engineering Superior Institute, Portugal Julian Bárquin, Pontificia Comillas University, Spain Lennart Soder, KTH shcool of Electrical Engineering, Sweden Lie Tek Tjing, Nanyang Technological University, Singapore Michiel de Nooij, University of Amsterdam, Netherlands Natalia Fabra, Universidad Carlos III de Madrid, Spain Nils-Henrik von der Fehr, University of Oslo, Norway Pablo Cuervo, University of Brazilia, Brazil Pantelis Capros, National Tech University of Athens, Greece Pedro Correia, Technical University of Lisbon, Portugal Pedro Pita de Barros, Universidade Nova de Lisboa, Portugal Richard Green, University of Birmingham, United Kingdom Roberto Napoli, Politecnico di Torino, Italy Ronnie Belmans, K.U.Leuven, Belgium Stefano Massucco, University of Genova, Italy Victor Mendes, Lisbon Engineering Superior Institute, Portugal Władysław Mielczarski, Technical University of Lodz, Poland Yves Smeers, Université Catholique de Louvain, Belgium Zita do Vale, Instituto Superior de Engenharia do Porto, Portugal Local Organizing Committee Jorge de Sousa, ISEL, Portugal João Lagarto, ISEL, Portugal Sérgio Faias, ISEL, Portugal Fernando Matos, ISEL, Portugal Jorge Borges, ISEL, Portugal José Gomes, ISEL, Portugal 3 EEM 08 - 5th International Conference on the European Electricity Market Aditional Paper Reviewers Federico Milano, University of Castilla-La Mancha, Spain João Catalão, Universidade da Beira Interior, Portugal Javier Contreras, University of Castilla-La Mancha, Spain José Arroyo, University of Castilla-La Mancha, Spain Raquel Garcia-Bertrand, University of Castilla-La Mancha, Spain Rafal Weron, Wroclaw University of Technology, Poland Federico Silvestro, University of Genova, Italy Sponsors & Partners Organized by: Lisbon Engineering Superior Institute, ISEL, Portugal Technical University of Lodz, TUL, Poland Technical Co-Sponsors: IEEE – Institute of Electrical and Electronics Engineers, Inc. PES/IEEE – Power Engineering Society FCT – Fundação para a Ciência e Tecnologia, Portugal Technical Partners: APIEE – Associação Portuguesa dos Industriais de Engenharia Energética COGEN Portugal – Associação Portuguesa para a Eficiência Energética e Promoção da Cogeração MIT CEEPR – Center for Energy and Environmental Policy Research Other Partners: IED – Instituto de Estudos para o Desenvolvimento ATL – Associação de Turismo de Lisboa Check-in & Information Check-in and Information desk is open on: 4 Tuesday, May 27, 17h30 – 19h30 Wednesday, May 28, 8h30 – 18h30 Thursday, May 29, 8h30 – 18h30 Friday, May 30, 8h30 – 13h00 Social Program Welcome Reception – Wednesday, May 28, 18h30 (ISEL) The Welcome reception intends to be a moment to all participants fraternize and relax after the intensive work on the first day of the conference. The reception will take place on the 4th floor of Building C in ISEL Campus, with an open view over the Tagus River. Drinks and apperitives will be served. Gala Dinner – Thursday, May 29, 19h00 (Estufa Real) All the participants are invited to join Galla Dinner, where the awarded for the PhD Competition will be announced. The Gala Dinner will take place in Estufa Real restaurant, right in the heart of 18th century Ajuda Botanical Gardens. EEM 08 organization arranged a truly unique and delightful dinning experience, overlooking the tranquil Tagus River. Bus transport participants. will be provided to the The bus will depart from the main entrance of ISEL Campus at 18h30, and will return at the end of the dinner. 5 EEM 08 - 5th International Conference on the European Electricity Market PhD Competition EEM 08 comprises a competition for the best PhD papers. The PhD Competition provides the opportunity for young researchers to present their work in the international forum. The three best papers will receive special awards at the EEM 08 gala dinner. The competition awards: • • • 1st Prize 500 EUR 2nd Prize 300 EUR 3rd Prize 200 EUR The conference fee is free for all six finalists and they receive specific diplomas. The competition was open to candidates who were PhD students or received a PhD degree after January 1, 2007. Facilities The EEM 08 Conference will be held in the Lisbon Engineering Superior Institute (ISEL) Campus. Plenary Sessions take place in the ISEL Main Auditorium, with a 300 people capacity Internet Access Wireless Internet access is available for EEM 08 participants using the following account: 6 • Username: [email protected] • Password: eem08 Plenary and Scientific Sessions Program Plenary Sessions Plenary sessions take place on the first two days of the conference (Wednesday and Thursday) with keynote speakers from the main European institutions, market agents and prominent academics. Scientific Sessions The third day (Friday) is focused on the latest research with the presentation and discussion of scientific papers. The EEM 08 has received a record of 218 communications from 33 countries, from which 147 were accepted for presentation after a rigorous reviewing process by the Scientific Committee. These papers will be presented in 20 oral sessions divided in 5 parallel sessions and a poster session during the coffee breaks of the third day. 7 EEM 08 - 5th International Conference on the European Electricity Market Wednesday - May 28, 2008 9h00 – 10h00 Opening Session Jorge de Sousa, Chairman EEM 08 Wladyslaw Mielczarski, Co-chairman EEM08 Fernando Santo, Portuguese Engineers Association Francisco Murteira Nabo, Portuguese Economists Association José Carlos Quadrado, ISEL - Lisbon Engineering Superior Institute Fernando Melício, ISEL / Department of Electrical Engineering and Automation 10h00 – 11h30 The European Electricity Market: Key Policies Chairman: Wladyslaw Mielczarski, TUL – Technical University of Lodz The perspective of the European Commission: legislative and competition actions Philippe Chauve, European Commission - DG Competition Regulating Electricity – the European perspective José Braz, CEER - Council of European Energy Regulators European energy scenarios in a carbon constrained future Fabien Roques, IEA - International Energy Agency 11h30 – 12h00 Coffee break 12h00 – 13h00 Hedging Risk in Electricity Markets Chairman: José Allen Lima, EDP – Energias de Portugal Fact and fantasy in risk management in electricity markets John Parsons, MIT - Massachusetts Institute of Technology 13h00 – 14h30 Lunch 14h30 – 16h30 I n t e g r a t i o n o f I ntermittent Energy Sources in the Grid Chairman: Gianluigi Migliavacca, CESI RICERCA Integrating large amounts of wind energy into the European transmission network: benefits, costs and criticities for a true integration of the internal energy market Gianluigi Migliavacca, CESI RICERCA Guiding large scale and least cost grid and market integration of intermittent RES - electricity in Europe Hans Auer, Vienna University of Technology More efficient integration of intermittent renewable energy resources and distributed generation in the European electricity supply Frans Nieuwenhout, ECN - Energy research Centre of the Netherlands The integration of intermittent sources in the European electricity market Ronnie Belmans, Katholieke Universiteit Leuven 16h30 – 17h00 Coffee break 17h00 – 18h30 Transmission Networks in Market Environment Chairman: José Sucena Paiva, IST / Technical University of Lisbon The MIBGAS in the context of ERGEG's gas regional initiative (South) Rui Marmota, REN - Redes Energéticas Nacionais Gas Markets: Security of supply and liberalisation Nuno Moreira da Cruz, Galp Energia Who should pay for the use of a power grid? Paulo Bárcia, Faculty of Economics / New University of Lisbon 8 Thursday - May 29, 2008 9:00 – 11:00 The European Electricity Market: Key Experiences Chairman: Derek Bunn, London Business School Institutional re-engagement in the evolution of the UK power market Derek Bunn, London Business School Nordic electricity market: route to the success Pasi Kuokkanen, Nord Pool Spot The Italian power exchange in the European liberalization Salvatore Zecchini, Gestore del Mercato Elettrico European energy market integration: what does it take from an exchange point of view Stephan Follender Grossfeld, ENDEX - European Energy Derivatives Exchange 11:00 – 11:30 Coffee break 11:30 – 12:30 Tradable Certificates: White and Green Certificates Chairman: Álvaro Martins, ISEG / Technical University of Lisbon The use of European guarantee of origin for facilitating a well functioning renewable energy market Claes Hedenström, RECS - Renewable Energy Certificate System Energy saving obligations and tradable white certificates: experiences from Europe Silvia Rezessy, European Commission - Joint Research Center 12:30 – 14:00 Lunch 14:00 – 15:30 Climate Change Chairman: Eduardo Barroso, E-Value Fighting climate change: human solidarity in a divided world Isabel Pereira, UN - United Nations Compliance trading in the EU ETS: where did the EUAs go? Denny Ellerman, MIT - Massachusetts Institute of Technology Post 2012 framework ETS/Kyoto interaction Felix Matthes, Öko-Institut - Institute for Applied Ecology 15:30 – 16:00 Coffee break 16:00 – 18:00 IBELM - The Iberian Electricity Market Chairman: Jorge de Sousa, ISEL - Lisbon Superior Engineering Institute OMIP: 2 years commercial activity of the IBELM derivatives market operator: present situation and future trends Paulo Sena Esteves, OMIP - Iberian Electricity Market Operator Liberalisation, competition and regulation in electricity and natural gas markets: the portuguese case Luís Mira Amaral, IST / Technical University of Lisbon Technical and regulatory aspects in the road towards an Iberian single market César Martínez, Endesa 9 EEM 08 - 5th International Conference on the European Electricity Market Friday, May 30, 2008 9h00 – 10h40 Oral Session 1 – A Room 1 Electricity Markets Policies and Regulation Chair: Isabel Soares, FEP, Portugal 223 Energy auctions for regulated demand in the Iberian market: a proposal Julian Barquin, Pontificia Comillas Unversity, Spain 263 Measuring market power in the wholesale electricity Iberian market through the residual demand curve elasticity Vítor Marques, Faculty of Economics University of Coimbra, Portugal, Isabel Soares, Faculty of Economics University of Oporto, Portugal, Adelino Fortunato, Faculty of Economics University of Coimbra, Portugal 294 Promoting demand-side management and energy efficiency in Portugal - 2 years of experience Isabel Apolinário, ERSE, Portugal, Cristina Barros, ERSE, Portugal, Hugo Coutinho, ERSE, Portugal, Liliana Ferreira, ERSE, Portugal, Bruno Madeira, ERSE, Portugal, Paulo Oliveira, ERSE, Portugal, Artur Trindade, ERSE, Portugal, Pedro Verdelho, ERSE, Portugal 296 Functioning of Competition in the Finnish Retail Electricity Market Salla Annala, Lappeenranta, University of Technology, Finland 9h00 – 10h40 Oral Session 3 – A Room 2 Electricity Markets Modelling and Simulation Chair: Ronnie Belmans, KUL, Belgium 200 Systemic Method for Searching Regularity of Electricity Market Using To MATLAB and Simulink Environment Jerzy Tchórzewski, Univercity of Podlasie, Poland 204 Modeling Costs and Load Uncertainties in Optimal Power Flow Studies Bruno Gomes, INESC Porto / FEUP, Portugal, João Saraiva, INESC Porto / FEUP, Portugal, Luís Neves, Instituto Politécnico de Leiria, Portugal 214 A Methodology for the Consideration of Start-up Costs into the Marginal Cost Estimated with Production Cost Models David Jose Martinez Diaz, University of Karlsruhe / EnBW Trading GmbH, Germany 215 Prediction of the Spanish Electricity Prices Cláudia Nunes, IST, Portugal, António Pacheco, IST, Portugal, Tânia Silva, EDP, Portugal 232 The Impact of Forward Tradingon the Spot Power Price Volatility with Cournot Competition Sandro Sapio, Department of Economics, University of Naples Parthenope, Italy, Agnieszka Wylomanska, Institute of Mathematics and Computer Science - Wroclaw University of Technology, Poland 234 Analysis of French Electric Market using Heteroscedastic Models of Time Series Damian Lopez Asensio, Universidad Politécnica de Madrid, Spain, Jesus Juan Ruiz, Universidad Politécnica de Madrid, Spain 10 9h00 – 10h40 Oral Session 5 – A Room 3 Transmission Systems in Market Environment Chair: Francisco Reis, ISEL, Portugal 245 How Compatible Methods? is Perfect Competition with Transmission Loss Allocation Jing Dai, SUPELEC, France, Yannick Phulpin, SUPELEC, France, Vincent Rious, SUPELEC, France, Damien Ernst, FNRS, University of Liège, Belgium 256 Allocating Congestion Management Equivalent Bilateral Exchanges Costs through Use-Based Principle of Joao Silva, National System Operator – ONS, Brazil, Pablo Cuervo, University of Brazilia – UnB, Brazil 280 Transmission Price Simulator in a Liberalized Electricity Market Judite Ferreira, GECAD/ISEP/IPP, Portugal, Zita Vale, GECAD/ISEP/IPP, Portugal, José Cardoso, UTAD, Portugal 313 Future governance of the European transmission grids Mats Nilsson, Vattenfall Generation Nordic, Sweden, Kristian Gustafsson, Vattenfall Generation Nordic, Sweden 314 Transparent methods to support infrastructure investments Kristian Gustafsson, Vattenfall Generation Nordic, Sweden, Mats Nilsson, Vattenfall Generation Nordic, Sweden 364 Electricity Transmission Modeling: Economic Impact of Technical Characteristics Marlen Görner, Technical University of Dresden, Germany, Tina Hahnemann, Technical University of Dresden, Germany, Tobias Heß, Technical University of Dresden, Germany, Hannes Weigt, Technical University of Dresden, Germany 9h00 – 10h40 Oral Session 7 – A Room 4 Renewable Energies Chair: Rui Pestana, ISEL, Portugal 206 Low Voltage Fault Ride through Criteria for Grid Connection of Wind Turbine Generators Schlabbach Juergen, University of Applied Sciences Bielefeld, Germany 207 Harmonic current emission of photovoltaic installations under system conditions Schlabbach Juergen, University of Applied Sciences Bielefeld, Germany 216 Impact of the Renewable Energy Generation on the Iberian Electricity Market José Lima, EDP, Portugal, Rui Jerónimo, EDP, Portugal, Tânia Silva, EDP, Portugal 258 Integrating Large Scale Wind Farms in Fuzzy Mid Term Unit Commitment Using PSO Hassan Siahkali, Sharif University, Iran, Mehdi Vakilian, Sharif University, Iran 274 The energy balance of the photovoltaic tracking systems using virtual prototyping platform Catalin Alexandru, University Transilvania of Brasov, Product Design & Robotics Department, Romania, Mihai Comsit, University Transilvania of Brasov, Product Design & Robotics Department, Romania 11 EEM 08 - 5th International Conference on the European Electricity Market Oral Session 9 – A 9h00 – 10h40 Room 5 Distributed Generation Chair: João Lopes, ISEL, Portugal 211 An Efficient System Consumption to Monitor and Control the Energy Production and Joao Figueiredo, Universidade Évora, Portugal, José Sá da Costa, IST – UTL, Portugal 268 Provision of Ancillary Services for Balance Management in Autonomous Networks Jasper Frunt, Eindhoven University of Technology, Netherlands, A. Jokic, Eindhoven University of Technology, Netherlands, W.L. Kling, Eindhoven University of Technology, Netherlands, J.M.A. Myrzik, Eindhoven University of Technology, Netherlands, P.P.J. v.d.Bosch, Eindhoven University of Technology, Netherlands 276 Active Grid Integration of Distributed Generation utilising existing infrastructure in a more efficient way - an Austrian case study Wolfgang Prüggler, Vienna University of Technology – Energy Economics Group, Austria, Friederich Kupzog, Vienna University of Technology – Institute of Computer Systems, Austria, Benoît Bletterie, Arsenal Research, Austria, Brunner Helfried, Arsenal Research, Austria 289 Impact of Distributed Generation on Distribution Networks Fernando Bastião, EDP Distribuição - Energia, S.A., Portugal, Paulo Cruz, EDP Distribuição - Energia, S.A., Portugal, Rui Fiteiro, EDP Distribuição - Energia, S.A., Portugal 302 Siting and Installation of PV Systems in Greece and their Contribution in the Reliability of the Distribution Network Antonios Marinopoulos, Aristotle University of Thessaloniki, Greece, Aggelos Bouhouras, Aristotle University of Thessaloniki, Greece, Ioulia Papaioannou, Aristotle University of Thessaloniki, Greece, Dimitrios Labridis, Aristotle University of Thessaloniki, Greece, Menelaos Exioglou, Aristotle University of Thessaloniki, Greece, Andreas Theodoridis, Aristotle University of Thessaloniki, Greece Oral Session 1 – B 11h00 – 12h40 Room 1 Electricity Markets Policies and Regulation Chair: Julian Barquin, IIT/PCU, Spain 287 Incentive for environment the profit maximization of binding generators in a market Vítor Marques, ERSE, Portugal, Carlos Vaz, ERSE, Portugal, Pedro Verdelho, ERSE, Portugal 297 Electricity Consumption and Economic Growth in the European Union: A Causality Study using Panel Unit Root Tests and Panel Cointegration Analysis Dirk C. Böhm, University of Hohenheim / Robert Bosch GmbH, Germany 300 Application of an error correction model in assessment and forecasting of energy consumption in the European Union Marek Szajt, Technical University of Czestochowa, Poland, Marcin Zawada, Technical University of Czestochowa, Poland 303 Energy Consumption in Poland – Global and Sector Perspective Marcin Zawada, Technical University of Czestochowa, Poland, Marek Szajt, Technical University of Czestochowa, Poland 12 Oral Session 3 – B 11h00 – 12h40 Room 2 Electricity Markets Modelling and Simulation Chair: Ana Quelhas, EDP, Portugal 252 Implementation mechanism aspects of partial netting in flow-based auction clearing Milan Vukasovic, Verung APG - Austrian Power Grid, Austria, Mladen Apostolovic, Energy Financing Team, Serbia 269 Strategic Market Behaviors in a Simulated South African Electricity Market Jun Yan, University of Cape Town, South Africa, Thobela Nglengeni, University of Cape Town, South Africa 277 A Contribution in Experimental Economics to Classify Market Power Behaviours in an Oligopolistic Electricity Market Vincent Rious, Supelec, France, Yannick Phulpin, Supelec, France, Fabien Petit, Supelec, France, Philippe Dessante, Supelec, France, Marcelo Saguan, Supelec and University Paris-Sud 11, France 283 Strategic Bids in Liberalized Markets Nuno Domingues, Instituto Superior de Engenharia de Lisboa, Portugal, Pedro Correia, Instituto Superior Técnico, Portugal, Victor Mendes, Instituto Superior de Engenharia de Lisboa, Portugal 285 An Algorithm for the Decentralized Market Coupling Problem Pedro Basagoiti, OMEL, Spain, J. Javier González, OMEL, Spain, Manuel Álvarez, Politécnica de Madrid, Spain 11h00 – 12h40 Oral Session 5 – B Room 3 Transmission Systems in Market Environment Chair: Pedro Correia, IST/TU Lisbon, Portugal 317 New Large-scale Security Constrained Optimal Power Flow program using a new Interior Point algorithm Karim Karoui, Tractebel Engineering, Brussel, Belgium, Ludovic Platbrood, Tractebel Engineering, Brussel, Belgium, Horia Crisciu, Tractebel Engineering, Brussel, Belgium, Richard Waltz, Ziena Optimization, Inc., Evanston, IL, U.S.A. 324 On Allocation of the Transmission Network Losses using Game Theory Marija Bockarjova, ETH Zurich, Switzerland, Marek Zima, Atel Transmission Ltd., ETH Zurich, Switzerland, Goran Andersson, ETH Zurich, Switzerland 325 An Application of the Aumann-Shapley Approach to the Calculation of Inter TSO Compensations in the UCTE System Kristin Dietrich, IIT, Pontificia Comillas University Madrid, Spain, Luis Olmos Camacho, IIT, Pontificia Comillas University Madrid, Spain, Ignacio Pérez Arriaga, IIT, Pontificia Comillas University Madrid, Spain 343 Considerations on the Coordinated Control of Controllable Reactors Lixia Zhou, North China Electric Power University, China, Zhongdong Yin, North China Electric Power University, China, Ziqiang Wang, North China Electric Power University, China 359 Simulation-based Optimization of Ancillary Services Petr Havel, Czech Technical University in Prague, Czech Republic, Petr Filas, Czech Technical University in Prague, Czech Republic, Josef Fantik, Czech TSO, CEPS, a.s., Czech Republic 400 Measuring market concentration in European power exchanges “coupled” over a meshed cross-border network Dmitri Perekhodtsev, LECG Consulting France, France 13 EEM 08 - 5th International Conference on the European Electricity Market 11h00 – 12h40 Oral Session 7 – B Room 4 Renewable Energies Chair: Rui Castro, IST/TU Lisbon, Portugal 257 An Economic Analisys of a Power Production Hybrid System Luis Fernandes, Universidade de Évora, Portugal, João Figueiredo, Universidade de Évora, Portugal 290 Impact of Market Power on Price Effects of the German Feed-in Tariff under the ETS – Market Model Thure Traber, DIW Berlin, Germany, Claudia Kemfert, DIW Berlin, Germany 307 When the Wind Blows Over Europe: A Simulation Analysis and the Impact of Grid Extensions Till Jeske, Dresden University of Technology, Germany, Florian Leuthold, Dresden University of Technology, Germany, Hannes Weigt, Dresden University of Technology, Germany, Christian von Hirschhausen, Dresden University of Technology, Germany 308 Energy Taxation and Renewable Energy: Testing for Incentives, Framing Effects and Perceptions of Justice in Experimental Settings Roland Menges, International Institute for Management, University of Flensburg, Germany, Stefan Traub, Institute for Public Finance, University of Bremen, Germany 311 The energy conservation supply curve from investments in energy savings in the existing Italian buildings Gervasio Ciaccia, Regulatory Authority of Electricity and Gas (AEEG) / DMA - “Sapienza” University of Rome, Italy, Fulvio Fontini, DSE - University of Padua, Italy, Lorenzo Paloscia, DIMEG – University of Padua, Italy 11h00 – 12h40 Oral Session 9 – B Room 5 Distributed Generation Chair: Pedro Carvalho, IST/TU Lisbon, Portugal 304 Harmonic Impact of Small Photovoltaic Systems Connected to the LV Distribution Network Ioulia Papaioannou, Aristotle University of Thessaloniki, Greece, Aggelos Bouhouras, Aristotle University of Thessaloniki, Greece, Antonios Marinopoulos, Aristotle University of Thessaloniki, Greece, Minas Alexiadis, Aristotle University of Thessaloniki, Greece, Charalambos Demoulias, Aristotle University of Thessaloniki, Greece, Dimitris Labridis, Aristotle University of Thessaloniki, Greece 305 Reliability Improvement Resulting from the Integration of PV Systems in the Interconnected Greek Transmission System Aggelos Bouhouras, Aristotle University of Thessaloniki, Greece, Antonios Marinopoulos, Aristotle University of Thessaloniki, Greece, Ioulia Papaioannou, Aristotle University of Thessaloniki Greece, Dimitrios Labridis, Aristotle University of Thessaloniki, Greece, Clio Evaggelopoulou, Aristotle University of Thessaloniki, Greece, Lida Koutrouli, Aristotle University of Thessaloniki, Greece 390 Virtual Power Producers Market Strategies Hugo Morais, GECAD / ISEP / IPP, Portugal, Marílio Cardoso, GECAD / ISEP / IPP, Portugal, Zita Vale, GECAD / ISEP / IPP, Portugal, Isabel Praça, GECAD / ISEP/ IPP, Portugal, Hussein khodr, GECAD / ISEP / IPP, Portugal 418 Evaluation the Effects of the Synchronous Generator Circuit Breaker on the Reliability of Busbar Layout in Power Plant Substation in Deregulated Electricity Market Mahdi Banejad, Shahrood University of Technology, Iran, Rahmatollah Hooshmand, University of Isfahan, Iran, Majiod Moazzami, University of Isfahan, Iran 14 421 The effect of Incident Analysis in Quality of Service Jaime Guisado, EDP Distribuição Energia, S. A., Portugal, Miguel Louro, EDP Distribuição Energia, S. A., Portugal, Pedro Dias, EDP Distribuição Energia, S. A., Portugal, Rui Fiteiro, EDP Distribuição Energia, S. A., Portugal 14h00 – 15h40 Oral Session 2 – A Room 1 Electricity Markets Experiences Chair: Victor Mendes, ISEL, Portugal 237 Cost and fuel consumption in the Spanish Electricity Market: inefficiencies and risks with the present rules vs. an alternative bidding and clearing design Javier Revuelta, Red Eléctica Internacional, Spain, Mustafa Pezic, Red Eléctrica de España, Spain 239 Switzerland’s Electricity Trade: A Short-term Forecasting Model and An Analysis of Multivariate Relationships Yngve Abrahamsen, ETH Zurich, KOF Swiss Economic Institute, Switzerland, Erdal Atukeren, ETH Zurich, KOF Swiss Economic Institute, Switzerland, Andrea Lassmann, ETH Zurich, KOF Swiss Economic Institute, Switzerland 247 Power Exchanges Price Volatility Analysis after one year of Trilateral Market Coupling Cedric De Jonghe, Katholieke Universiteit Leuven – ESAT / Electa, Belgium, Leonardo Meeus, Katholieke Universiteit Leuven – ESAT/Electa, Belgium, Ronnie Belmans, Katholieke Universiteit Leuven – ESAT / Electa, Belgium 251 Redesigning the balancing power market in Germany – a critical assessment Christian Growitsch, WIK, Germany, Margarethe Rammerstorfer, Vienna University of Economics and Business Administration, Austria, Christoph Weber, University Duisburg-Essen - Campus Essen, Germany 14h00 – 15h40 Oral Session 3 – C Room 2 Electricity Modelling and Simulation Chair: Lorenzo Pascual, EDP, Portugal 330 Supply-Side Gaming on Electricity Markets with Physical Constrained Transmission Network Eric Guerci, University of Genoa, Italy, Mohammad Ali Rastegar, University of Genoa, Italy, Silvano Cincotti, University of Genoa, Italy, Federico Delfino, University of Genoa, Italy, Renato Procopio, University of Genoa, Italy, Marco Ruga, University of Genoa, Italy 349 Applying Experiments to Auctions in Electricity Markets Friedrich Kunz, Dresden University of Technology, Germany, Florian Leuthold, Dresden University of Technology, Germany, Michael Baumgärtner, Dresden University of Technology, Germany, Hans-Christian Seeliger, Dresden University of Technology, Germany, Linda Stolze, Dresden University of Technology, Germany 355 Electricity Producer Self-Scheduling in Day-Ahead Energy and Reserves Markets Christos Simoglou, Aristotle University of Thessaloniki, Greece, Anastasios Bakirtzis, Aristotle University of Thessaloniki, Greece 365 The Electricity Market as a Multi-Agent System Paulo Marques, Instituto Superior de Engenharia de Lisboa, Portugal, Paulo Trigo, Instituto Superior de Engenharia de Lisboa, Portugal 373 Long Term Energy Scenarios Under Uncertainty Patrícia Fortes, New University of Lisbon, Portugal, Sofia Simões, New University of Lisbon, Portugal, João Cleto, New University of Lisbon, Portugal, Júlia Seixas, New University of Lisbon, Portugal 15 EEM 08 - 5th International Conference on the European Electricity Market 384 Modeling Hydro Power Plants in Deregulated Electricity Markets: Integration and Application of EMCAS and VALORAGUA Prakash Thimmapuram, Argonne National Laboratory, U.S.A., Thomas Veselka, Argonne National Laboratory, U.S.A., Vladimir Koritarov, Argonne National Laboratory, U.S.A., Sónia Vilela, Rede Eléctrica Nacional, S.A., Portugal, Ricardo Pereira, Rede Eléctrica Nacional, S.A., Portugal, Rui Figueiredo Silva, Energias de Portugal, Portugal 14h00 – 15h40 Oral Session 6 – A Room 3 Distribution Systems in Market Environment Chair: Marcelino Ferreira, IST/TU Lisbon, Portugal 227 Calculating the Efficiency of Electricity and Natural Gas Networks in Regulated Energy Markets Tobias Paulun, Institute of Power Systems and Power Economics (IAEW) at RWTH Aachen University, Germany, Hans-Jürgen Haubrich, Institute of Power Systems and Power Economics (IAEW) at RWTH Aachen University, Germany 238 Calculation of Cost-Minimal Resources for the Operation of Electrical Networks Andreas Berg, Institute of Power Systems and Power Economics, RWTH Aachen University, Germany, HansJürgen Haubrich, Institute of Power Systems and Power Economics, RWTH Aachen University, Germany 260 288 Approach for Power Supply System Planning Based on Cooperative Game Theory Viktoria Neimane, Vattenfall Research and Development, Sweden, Antans Sauhats, Riga Technial University, Letónia, Guntars Vempers, Riga Technical University, Letónia, Inga Tereskina, Riga Technical University, Letónia, Galina Bochkarjova, Riga Technical University, Letónia Assessment of Regulatory Risk in the Finnish Electricity Distribution Business Kaisa Tahvanainen, Lappeenranta University of Technology, Finland, Samuli Honkapuro, Lappeenranta University of Technology, Finland, Jarmo Partanen, Lappeenranta University of Technology, Finland 295 Electric Customer Classification Using Hopfield Recurrent ANN José Jesús López, Departamento de Ingeniería Eléctrica, Universidad de Málaga, Spain, José Antonio Aguado, Departamento de Ingeniería Eléctrica, Universidad de Málaga, Spain, Francisco Martín, Departamento de Ingeniería Eléctrica, Universidad de Málaga, Spain, Francisco Muñoz, Departamento de Ingeniería Eléctrica, Universidad de Málaga, Spain, Alejandro Rodríguez, Departamento de Ingeniería Eléctrica, Universidad de Málaga, Spain, José Ernesto, Departamento de Ingeniería Eléctrica, Universidad de Málaga, Spain 14h00 – 15h40 Oral Session 7 – C Room 4 Renewable Energies Chair: Gil Vicente, ISEL, Lisbon 326 Renewable Energy Sources Availability under Climate Change Scenarios – Impacts on the Portuguese Energy System João Cleto, Science and Technology Faculty, New University of Lisbon, Portugal, Sofia Simões, Science and Technology Faculty, New University of Lisbon, Portugal, Patrícia Fortes, Science and Technology Faculty, New University of Lisbon, Portugal, Júlia Seixas, Science and Technology Faculty, New University of Lisbon, Portugal 414 Evaluation of Energy Storage Devices for Renewable Energies Integration: Application to a Portuguese Wind Farm Sérgio Faias, Instituto Superior de Engenharia de Lisboa - ISEL/DEEA, Portugal, Patrícia Santos, Instituto Superior de Engenharia de Lisboa - ISEL/DEEA, Portugal, Fernando Matos, Instituto Superior de Engenharia de Lisboa - ISEL/DEEA, Portugal, Jorge Sousa, Instituto Superior de Engenharia de Lisboa - ISEL/DEEA, Portugal, Rui Castro, Instituto Superior Técnico - IST/TUL, Portugal 16 417 Micro-generation Evaluation of the Zero Emissions Technologies in the Portuguese Market Cristina Camus, Instituto Superior de Engenharia de Lisboa, Portugal, Eduardo Eusébio, Instituto Superior de Engenharia de Lisboa, Portugal 437 Micro Generation - Solar and Wind Hybrid System Nuno Fontes, Basesolar - Soluções Energéticas, Lda, Portugal, António Roque, ESTSetúbal, Portugal, José Maia, ESTSetúbal, Portugal 14h00 – 15h40 Oral Session 10 – A Room 5 Gas Markets Chair: Zita do Vale, ISEP, Portugal 212 A technique for calculation of nodal gas prices and analysis of their components Alexander Gamm, Melentiev Energy Systems Institute SB RAS, Russia, Irina Golub, Melentiev Energy Systems Institute SB RAS, Russia, Nikolai Ilkevich, Melentiev Energy Systems Institute SB RAS, Russia, Tatyana Dzyubina, Melentiev Energy Systems Institute SB RAS, Russia 291 Stochastic Optimization of Natural Gas Portfolios Uwe Padberg, Institute for Power Systems and Power Economics, RWTH Aachen University, Germany, Hans-Jürgen Haubrich, Institute for Power Systems and Power Economics, RWTH Aachen University, Germany 322 Optimization Model for Medium Term Natural Gas Commitment Teresa Nogueira, GECAD / ISEP, Portugal, Zita Vale, GECAD / ISEP, Portugal, José Carlos Cardoso, UTAD – Universidade de Trás-os-Montes e Alto Douro, Portugal 403 Theory of Storage – An Empirical Assessment of the European Gas Market Anne Neumann, Technical University Dresden, Germany, Margarethe Rammerstorfer, Vienna University of Economics and Business Administration, Austria, Marcus Stronzik, Scientific Institute for Infrastructure and Communication Services (WIK), Germany 436 Long-term planning of natural gas networks Michael Hübner, Institut für Elektrische Anlagen und Energiewirtschaft (IAEW), Germany 16h00 – 17h40 Oral Session 2 – B Room 1 Electricity Markets Experiences Chair: Tomasz Siewierski, TU Lodz, Poland 331 Market Liberalization Process and Market Arrangements in Turkey Fakir Huseyin Erdogan, Energy Market Regulatory Authority, Turkey, Sibel Cetinkaya, Deloitte Danismanlik A.S., Turkey, Elif Dusmez Tek, Deloitte Danismanlik A.S., Turkey 351 Multinational Electricity Market Integration and Electricity Price Dynamics Jens Lundgren, Department of Economics, Umeå University, Sweden, Jörgen Hellström, Department of Economics, Umeå University, Sweden, Niklas Rudholm, Department of Economics, University of Gävle, Sweden 383 A Study of Electricity Price Volatility for the Brazilian Energy Market Rafael Leme, UNIFEI, Brazil, João Turrioni, UNIFEI, Brazil, Pedro Balestrassi, UNIFEI, Brazil, Antonio Zambroni, UNIFEI, Brazil, Paulo Steele, UNIFEI, Brazil 393 ERGEG South-West Electricity REM: First Achievements and the Market Coupling Hélder Milheiras, ERSE, Portugal, Jorge Esteves, ERSE, Portugal, José Capelo, ERSE, Portugal 17 EEM 08 - 5th International Conference on the European Electricity Market 402 MIBEL and the Market Splitting Jorge Borges, Instituto Superior de Engenharia de Lisboa, Portugal 439 Pricing daily electricity transfer capacities in the Spanish - French Interconnection Ricardo Covas, EDP - Energias de Portugal, S. A., Portugal, Lorenzo Pascual, EDP - Energias de Portugal, S. A., Portugal 16h00 – 17h40 Oral Session 4 – A Room 2 Risk Management Chair: John Parsons, MIT, USA 241 Modelling energy forward prices Joanna Janczura, Institute of Mathematics and Computer Science, Wroclaw University of Technology, Poland, Aleksander Weron, Institute of Mathematics and Computer Science, Wroclaw University of Technology, Poland 275 A Short-term Risk Management Tool Applied to OMEL Electricity Market Using Particle Swarm Optimization Filipe Azevedo, Institute of Engineering – Polytechnic of Porto (ISEP/IPP), Portugal, Zita A. Vale, Institute of Engineering – Polytechnic of Porto (ISEP/IPP), Portugal 352 Decision-Making Process using a Hierarchic Analysis Paraconsistent Germano Lambert-Torres, Itajuba Federal University, Brazil, Cláudio Costa, Itajuba Federal University, Brazil, Manoel Barros Neto, Brazilia Power System Company, Brazil 358 Risk Premiums in Electricity Forward Prices – Data from the ISO New England Market Guillaume De Roo, Technology & Policy Program, MIT, U.S.A., John Parsons, Center for Energy and Environmental Policy Research, MIT, U.S.A. 433 The impact of risk management effectiveness on Power Utility performance Tina Jakaša, HEP Supply L.t.d, Croatia, Nidžara Osmanagi Bedenik, Faculty of Economics & Business Zagreb, Croatia, Fivos Iliopoulos, Datamonitor Plc, U. K., Diana Brati, Faculty of Economics & Business Zagreb, Croatia 16h00 – 17h40 Oral Session 6 – B Room 3 Distribution Systems in Market Environment Chair: Manuel Matos Fernandes, ISEL, Portugal 301 Time-Frequency Transforms Comparison for Power Quality Analysis Alejandro Rodriguez Gomez, Department of Electrical Engineering - University of Malaga, Spain, Jose Aguado Sanchez, Department of Electrical Engineering - University of Malaga, Spain, Jose Jesus Lopez Vazquez, Department of Electrical Engineering - University of Malaga, Spain, Francisco J. Muñoz Gutierrez, Department of Electrical Engineering - University of Malaga, Spain, Jose E. Ruiz Gonzalez, Department of Electrical Engineering - University of Malaga, Spain, Francisco Martin Moreno, Department of Electrical Engineering - University of Malaga, Spain 348 Simulation of two-area AGC System in a Competitive Environment using Reducedorder Observer Method Elyas Rakhshani, Islamic Azad University, Gonabad Branch, Iran, Javad Sadeh, Department of Electrical Engineering, Ferdowsi University of Mashhad, Iran 18 404 A theoretical framework for Quality Regulation in Electricity Distribution Rodrigo López, Networks research group - GRJM/ADIS, University Paris - Sud XI, France, Jean-Michel Glachant, Networks research group - GRJM/ADIS, University Paris - Sud XI, France, Yannick Perez, Networks research group - GRJM/ADIS, University Paris - Sud XI, France 407 Incentive Mechanism to Reduce Power Losses in the Portuguese Distribution Networks José Capelo, ERSE, Portugal, Jorge Esteves, ERSE, Portugal, Helder Milheiras, ERSE, Portugal 411 Multi-Area Load Frequency Control in a Deregulated Power System Using Optimal Output Feedback Method Elyas Rakhshani, Islamic Azad University, Gonabad Branch, Iran, Javad Sadeh, Department of Electrical Engineering, Ferdowsi University of Mashhad, Iran 16h00 – 17h40 Oral Session 8 – A Room 4 Power Generation Strategies, Planning and Investment Chair: Pedro Ferreira, EDP, Portugal 217 Process Based Post Merger Integration of Utilities Mariusz Przybylik, A.T. Kearney, Poland, Wojciech Luczak, A.T. Kearney, Poland 357 A MIP Approach to the Yearly Scheduling Problem of a Mixed Hydrothermal System Costas Baslis, Aristotle University of Thessaloniki, Greece, Anastasios Bakirtzis, Aristotle University of Thessaloniki, Greece 386 Multi-Agent Simulation of Generation Capacity Expansion Decisions Audun Botterud, Argonne National Laboratory, U.S.A., Matthew Mahalik, Argonne National Laboratory, U.S.A., Guenter Conzelmann, Argonne National Laboratory, U.S.A., Rui Figueiredo Silva, Energias de Portugal, Portugal, Sónia Vilela, Rede Eléctrica Nacional, S.A., Portugal, Ricardo Pereira, Rede Eléctrica Nacional, S.A., Portugal 396 Strategic Economy and Emission Management for Fossil-fired Thermal Units Victor Mendes, Instituto Superior de Engenharia de Lisboa, Portugal 401 Market Oriented Reactive Power Expansion Planning Mohammad Esmalifalak, Shahrood University of Technology, Iran, Majid Oloomi Buygi, Shahrood University of Technology, Iran 435 Generation Capacity Uncertainty Investment in oligopolistic Electricity Markets under Anton Burger, Vienna University of Economics and Business Administration, Austria, Robert Ferstl, University of Regensburg, Germany 16h00 – 17h40 Oral Session 11 – A Room 5 Climate Change and CO2 Emissions Trading Chair: Eduardo Barroso, E-Value, Portugal 240 Life Cycle Costs and Electricity Market Equilibrium: A Policy Assessment for India Diptiranjan Mahapatra, Indian Institute of Management, Ahmedabad, India 248 Sustainability and CDM projects in the Brazilian sugar cane sector: a discussion on the economic-financial aspects Zilmar Souza, UNESP - São Paulo State University, Brazil 19 EEM 08 - 5th International Conference on the European Electricity Market 278 Assessment of the Actions to Reduce CO2 Emissions in the Italian Power System Alberto Gelmini, CESI RICERCA, Italy, Marco Borgarello, CESI RICERCA, Italy, Michele Benini, CESI RICERCA, Italy 323 Energy Systems Analysis of CCS development in Europe Pantelis Capros, National Technical University Athens, Greece, Leonidas Mantzos, National Technical University Athens, Greece, Vasilis Papandreou, National Technical University Athens, Greece, Nikos Tasios, National Technical University Athens, Greece 356 European Electricity and Emission Market Modeling – The Design of Emission Allocation Plans and its Effects on Investment Planning Dominik Möst, Universität Karlsruhe, Institute for Industrial Production, Germany, Massimo Genoese, Universität Karlsruhe, Institute for Industrial Production, Germany, Anke Eßer, Universität Karlsruhe, Institute for Industrial Production, Germany, Otto Rentz, Universität Karlsruhe, Institute for Industrial Production, Germany 9h00 – 17h40 Poster Session Main Hall Electricity Markets Policies and Regulation 219 A Review of the European Commission’s Impact Assessment for the Third Legislative Package on Energy Markets Liberalisation Jacopo Torriti, Florence School of Regulation, European University Institute, Italy 242 Difficulties in the integration of electricity markets in Central Eastern Europe Attila Bakonyi, Hungarian Energy Office, Hungary, Péter Grabner, Hungarian Energy Office, Hungary 387 Legal Uncertainty and Competition Policy: The Case of Long-term Vertical Contracting by Dominant Firms in the EU Electricity Markets Adrien de Hauteclocque, University of Manchester and ADIS-GRJM University Paris Sud XI, U. K. 419 Economic Load and Reserve Dispatch and Emission with Frequency Constraint in Competitive Power Market Rahmatollah Hooshmand, University of Isfahan, Iran, Mahdi Banejad, Shahrood University of Technology, Iran, Abdolhamid Haj Mohaamadi, University of Isfahan, Iran Electricity Markets Modelling and Simulation 205 Dynamic Games In The Wholesale Electricity Market Ahlem Dakhlaoui, Ecole polytechnique de Tunisie, Tunisia 235 Integrated Pool/Bilateral/Reserve Market Operation Under Pay-as-Bid Pricing Fabio Stacke, Brazilian Electricity Regulatory Agency – ANEEL, Brazil, Pablo Cuervo, Department of Electrical Engineering, University of Brazilia, Brazil 255 A Model for Electricity Markets: The Impact of Regulation on Value Héctor Arango, Itajuba Federal University, Brazil, José Policarpo Gonçalves de Abreu, Itajuba Federal University, Brazil, Benedito Donizeti Bonatto, Itajuba Federal University, Brazil, Nelson Kagan, University of Sao Paulo, Brazil, Carlos Marcio Vieira Tahan, University of Sao Paulo, Brazil, Marcos R. Gouvea, University of Sao Paulo, Brazil 299 Agent-based Modelling Application Possibilities for Croatian Electricity Market Simulation Krešimir Fekete, Faculty of Electrical Engineering, J.J. Strossmayer University of Osijek, Croatia, Srete Nikolovski, Faculty of Electrical Engineering, J.J. Strossmayer University of Osijek, Croatia, Domagoj Puzak, HEP Croatian Grid Company, Croatia, Goran Slipac, HEP Croatian Grid Company, Croatia, Hrvoje Keko, Energy Institute Hrvoje Požar, Croatia 20 312 Market Power and Strategic Decisions In The Spanish Electricity Market Victor Moutinho, Universidade de Aveiro/Universidade de Trás-os-Montes, Portugal, Jorge Sousa, Instituto Superior de Engenharia de Lisboa, Portugal 335 A Combination Method for Short Term Load Forecasting Used in Iran Electricity Market by NeuroFuzzy, Bayesian and Finding Similar Days Methods Sima Kamankesh, Niroo Research Institute (NRI), Iran, Saeedeh Barghinia, Niroo Research Institute (NRI), Iran, Nariman Mahdavi, Niroo Research Institute (NRI), Iran, Abdolhossein Vahabie, Niroo Research Institute (NRI), Iran 408 Day-ahead Electricity Price Forecasting Using the Relief Algorithm and Neural Networks Nima Amjady, Semnan University, Iran, Ali Daraeepour, Semnan University, Iran 413 Issues and Challenges of Power Sector Reforms in a Depressed Economy J.C. EKEH, Department of Electrical & Information Engineering, Covenant University, Ota, Ogun State, Nigéria Electricity Markets Experiences 226 Power Quality Indices of Distribution Feeders in Eastern Croatia Under Electricity Market Conditions Srete Nikolovski, Faculty of Electrical Engineering, J.J. Strossmayer University of Osijek, Croatia, Zvonimir Klaic, Faculty of Electrical Engineering, J.J. Strossmayer University of Osijek, Croatia, Željko Novinc, Belmet MI, Croatia, Zoran Baus, Siemens d.d., Croatia Power Generation Strategies, Planning and Investment 315 The energy markets perspective of a small scale consumer: the CRETA experience Nicola Sorrentino, University of Calabria, Itália, Daniele Menniti, University of Calabria, Itália, Scordino Nadia, University of Calabria, Itália, Anna Pinnarelli, University of Calabria, Itália, Giovanni Costanzo, Consorzio Regionale per l'Energia e la Tutela Ambientale, Itália 398 Electricity industrial organization: what about strategic behaviour for hydro and thermal power operators? Houwaida Hedfi, Laboratoire d'économie et de gestion industrielle (LEGI - Tunisia Polytechnic School), Tunisia, Ahlem Dakhlaoui, Laboratoire d'économie et de gestion industrielle (LEGI - Tunisia Polytechnic School), Tunisia Transmission Systems in Market Environment 231 Influence of Power Transformer Winding Connections on the Propagation of Voltage Sags through Electric System Willians Mendes, UFU -Federal University of Uberlandia, Brazil, Fabricio Moura, UFU -Federal University of Uberlandia, Brazil, Milton Samesima, UFU -Federal University of Uberlandia, Brazil 281 P-Q Decoupled Control Scheme for Unified Power Flow Controllers Using Sparse Matrix Converters João Ferreira, AC Energia, DEEC, Instituto Superior Técnico, Portugal, Sónia Pinto, CIEEE, AC Energia, DEEC, Instituto Superior Técnico, Portugal 346 Application of Genetic Algorithms to Compute Magnetic Field Produced by Overhead Transmission Lines Francisco Muñoz, Department of Electrical Engineering. University of Málaga, Spain, José Antonio Aguado, Universidad de Málaga, Spain, José Ernesto Ruiz, Department of Electrical Engineering, University of Málaga, Spain, José Jesus López, Department of Electrical Engineering, University of Málaga, Spain, Alejandro Rodríguez, Department of Electrical Engineering, University of Málaga, Spain, Francisco Martín, Department of Electrical Engineering, University of Málaga, Spain Renewable Energies 21 EEM 08 - 5th International Conference on the European Electricity Market 254 Impacts of Integration of Wind Generation on Regulation and Load Following Requirements of California Power Systems Yuri Makarov, Pacific Northwest National Laboratory, U.S.A., Clyde Loutan, Californian Independent System Operator Corporation (CAISO), U.S.A., Jian Ma, Pacific Northwest National Laboratory, U.S.A., Phillip de Mello, Californian Independent System Operator Corporation (CAISO), U.S.A., Shuai Lu, Pacific Northwest National Laboratory, U.S.A. 267 Photovoltaic Energy Promotion in Europe: Italy and Spain, two Visions, one Aim Felipe Diaz-Reyes, University of Las Palmas de Gran Canaria, Spain, Marco Giammateo, Università degli studi di Roma "La Sapienza", Italy, Fabian Deniz-Quintana, University of Las Palmas de Gran Canaria, Spain 328 On the Use of Energy Storage Technologies for Regulation Services in Electric Power Systems with Significant Penetration of Wind Energy Bo Yang, Pacific Northwest National Laboratory, Richland, Washington, U.S.A., Yuri Makarov, Pacific Northwest National Laboratory, Richland, Washington,, U.S.A, John Desteese, Pacific Northwest National Laboratory, Richland, Washington, U.S.A, Vilayanur Viswanathan, Pacific Northwest National Laboratory, Richland, Washington, U.S.A 336 The Future Impact of Wind on BPA Power System Load Following and Regulation Requirements Yuri Makarov, Pacific Northwest National Laboratory, U.S.A., Shuai Lu, Pacific Northwest National Laboratory, U.S.A., Bart Mcmanus, Bonneville Power Administration, U.S.A., John Pease Bonneville Power Administration, U.S.A. 369 The Social Cost of Wind Power Nicolas Boccard, Universitat de Girona, Spain Distributed Generation 261 Analysis of the impacts of distributed generation sources considering the appropriate choice of parameters in a multi-objective approach for distribution system planning Alexandre Barin, Federal University of Santa Maria, Brazil, Luciane Canha, Federal University of Santa Maria, Brazil, Ricardo Machado, University of São Paulo, Brazil, Alzenira Abaide, Federal University of Santa Maria, Brazil, Elisandra Maziero, Federal University of Santa Maria, Brazil, Sérgio Luiz Cardoso da Silva, State Company for Electric Energy, Brazil Gas Markets 220 Long term security of gas supply within a « rude » bilateral monopoly: what can be learned from the Brazil and Bolivia case? Michelle Hallack, GRJM - ADIS - Paris Sud, France, Jean Michel Glachant, GRJM - ADIS - Paris Sud, France Risk Management 374 An ANN-Based Risk Assessment Method for Carbon Pricing Hiroyuki Mori, Meiji University, Japan, Wenjun Jiang, Meiji University, Japan 22 Authors List Algeria Belkacem Mahdad Kamel Srairi Tarek Bouktir Austria Anton Burger Benoît Bletterie Brunner Helfried Friederich Kupzog Margarethe Rammerstorfer Milan Vukasovic Wolfgang Prüggler Belgium Cedric De Jonghe Damien Ernst Horia Crisciu Karim Karoui Leonardo Meeus Ludovic Platbrood Ronnie Belmans Brazil Alexandre Barin Alzenira Abaide Antonio Zambroni Benedito Donizeti Bonatto Carlos Marcio Vieira Tahan Cláudio Costa Elisandra Maziero Fabio Stacke Fabricio Moura Germano Lambert-Torres Héctor Arango Joao Silva João Turrioni José Gonçalves de Abreu Juan Carlos Mateus Luciane Canha Manoel Barros Neto Marcos R. Gouvea Milton Samesima Nelson Kagan Pablo Cuervo Paulo Steele Pedro Balestrassi Rafael Leme Ricardo Machado Sérgio Cardoso da Silva Willians Mendes Zilmar Souza China Lixia Zhou Zhongdong Yin Ziqiang Wang Croatia Diana Brati Domagoj Puzak Goran Slipac Hrvoje Keko Krešimir Fekete Nidžara Osmanagi Bedenik Srete Nikolovski Tina Jakaša Željko Novinc Zoran Baus Zvonimir Klaic Czech Republic Josef Fantik Petr Filas Petr Havel Petr Horacek Tomas Strnad Finland Jarmo Partanen Kaisa Tahvanainen Salla Annala Samuli Honkapuro France Benoît Sévi Claude Crampes Dmitri Perekhodtsev Fabien Petit Jean-Michel Glachant Jing Dai Michel Moreaux Michelle Hallack Philippe Dessante Rodrigo López Vincent Rious Yannick Le Pen Yannick Perez Yannick Phulpin Germay Andreas Berg Anke Eßer Anne Neumann Christian Growitsch Christian von Hirschhausen Christoph Weber Claudia Kemfert David Jose Martinez Diaz Dirk C. Böhm Dominik Möst Florian Leuthold Friedrich Kunz Gregor Zoettl Hannes Weigt Hans-Christian Seeliger Hans-Jürgen Haubrich Linda Stolze Marcus Stronzik Marlen Görner Massimo Genoese Michael Baumgärtner Michael Hübner Otto Rentz Robert Ferstl Roland Menges Schlabbach Juergen Stefan Traub Thure Traber Till Jeske Tina Hahnemann Tobias Heß Tobias Paulun Uwe Padberg Veronika Grimm Greece Aggelos Bouhouras Anastasios Bakirtzis Andreas Theodoridis Antonios Marinopoulos Charalambos Demoulias Christos Simoglou Clio Evaggelopoulou Costas Baslis Dimitris Labridis Ioulia Papaioannou Leonidas Mantzos Lida Koutrouli Menelaos Exioglou Minas Alexiadis Nikos Tasios Pantelis Capros Vasilis Papandreou Hungary Attila Bakonyi Péter Grabner 23 EEM 08 - 5th International Conference on the European Electricity Market India Diptiranjan Mahapatra Iran Abdolhamid Haj Mohaamadi Abdolhossein Vahabie Ali Daraeepour Alireza Shaikhi Fini Elyas Rakhshani G.Reza Yousefi Hassan Siahkali Houtan Moaveni Javad Sadeh Mahdi Banejad Mahmood Fotuhi Firuzabad Majid Oloomi Buygi Masoud Aliakbar Golkar Mehdi Vakilian Mohammad Esmalifalak Mohsen Parsa Moghadam Nariman Mahdavi Nima Amjady Rahmatollah Hooshmand Saeedeh Barghinia Sima Kamankesh Italy Alberto Gelmini Dario Zaninelli Eric Guerci Federica Foiadelli Federico Delfino Fulvio Fontini Gervasio Ciaccia Jacopo Torriti Lorenzo Paloscia Marco Borgarello Marco Giammateo Marco Ruga Mariacristina Roscia Michele Benini Mohammad Ali Rastegar Morris Brenna Renato Procopio Sandro Sapio Silvano Cincotti Japan Hiroyuki Mori Wenjun Jiang Latvia Antans Sauhats Galina Bochkarjova Guntars Vempers Inga Tereskina 24 Netherlands A. Jokic J.M.A. Myrzik Jasper Frunt P.P.J. v.d.Bosch W.L. Kling Poland Agnieszka Wylomanska Aleksander Weron Dariusz Niekrawiec Jerzy Tchórzewski Joanna Janczura Marcin Zawada Marek Szajt Mariusz Przybylik Wieslaw Kopterski Wojciech Luczak Portugal Adelino Fortunato António Pacheco António Roque Artur Trindade Bruno Gomes Bruno Madeira Carlos Vaz Cláudia Nunes Cristina Barros Cristina Camus Eduardo Eusébio Fernando Bastião Fernando Matos Filipe Azevedo Hélder Milheiras Hugo Coutinho Hugo Morais Hussein Khodr Isabel Apolinário Isabel Praça Isabel Soares Jaime Guisado João Cleto João Ferreira Joao Figueiredo João Saraiva Jorge Borges Jorge Esteves José Capelo Jorge Sousa José Carlos Cardoso José Lima José Maia José Sá da Costa Judite Ferreira Júlia Seixas Liliana Ferreira Lorenzo Pascual Luis Fernandes Luís Neves Marílio Cardoso Miguel Louro Nuno Domingues Nuno Fontes Patrícia Fortes Patricia Santos Paulo Cruz Paulo Marques Paulo Oliveira Paulo Trigo Pedro Correia Pedro Dias Pedro Verdelho Ricardo Covas Ricardo Pereira Rui Castro Rui Figueiredo Silva Rui Fiteiro Rui Jerónimo Sérgio Faias Sérgio Ramos Sofia Simões Sónia Pinto Sónia Vilela Tânia Silva Teresa Nogueira Victor Mendes Victor Moutinho Vítor Marques Zita A. Vale Romania Catalin Alexandru Mihai Comsit Russia Alexander Gamm Irina Golub Ivan Mitin Miron Grinkrug Nikolai Ilkevich Sergey Gordin Tatyana Dzyubina Ulia Tkacheva Serbia Mladen Apostolovic South Africa Jun Yan Thobela Nglengeni Spain Alejandro Rodriguez Gomez Damian Lopez Asensio Fabian Deniz-Quintana Felipe Diaz-Reyes Francisco J. Muñoz Gutierrez Francisco Martin Moreno Ignacio Pérez Arriaga J. Javier González Javier Revuelta Jesus Juan Ruiz Jose Aguado Sanchez José Antonio Aguado José Ernesto Ruiz Gonzalez Jose Jesus Lopez Vazquez Julian Barquin Kristin Dietrich Luis Olmos Camacho Manuel Álvarez Mustafa Pezic Nicolas Boccard Pedro Basagoiti Sweden Jens Lundgren Jörgen Hellström Kristian Gustafsson Mats Nilsson Niklas Rudholm Viktoria Neimane Switzerland Andrea Lassmann Erdal Atukeren Goran Andersson Marek Zima Marija Bockarjova Yngve Abrahamsen Tunisia Ahlem Dakhlaoui Houwaida Hedfi Turkey Elif Dusmez Tek Fakir Huseyin Erdogan Sibel Cetinkaya U. K. Adrien de Hauteclocque Fivos Iliopoulos U.S.A. Alex McEachern Andreas Eberhard Audun Botterud Bart Mcmanus Bo Yang Guenter Conzelmann Guillaume De Roo John Desteese John Parsons John Pease Matthew Mahalik Prakash Thimmapuram Richard Waltz Shuai Lu Thomas Veselka Vilayanur Viswanathan Vladimir Koritarov Yuri Makarov 25 EEM 08 - 5th International Conference on the European Electricity Market Lisbon Engineering Superior Institute - ISEL Lisbon Engineering Superior Institute - ISEL constitutes the example of a long tradition of engineering education. Characterized for the intention to teach know-how, towards pedagogical practice within a criteria of constant updating. The courses curricula are guided for learning concepts and methods, frequently the knowledge evaluation is based in laboratory works discussion, projects and seminaries presentations. This style privileges and foments the student capacity to confront, in a creative and innovative form, identical problems as in professional life in engineering. ISEL has resulted from the restructuring of an institution with a long-standing tradition in engineering teaching in Portugal, the Industrial Institute of Lisbon (Instituto Industrial de Lisboa), which was originated in 1852 by Royal Decree signed by Queen Maria II. Since 1988 it became part of a network of Polytechnic Higher Education establishments, integrated in IPL - Polytechnic Institute of Lisbon (Instituto Politécnico de Lisboa). The IPL comprises eight schools in the fields of engineering, arts, education communication, health and accounting and administration, in which ISEL is the representation of engineering and the biggest institution here integrated. It provides Degree Courses in five different areas of engineering: Chemical and Biological Engineering Civil Engineering Electronic and Telecommunications and Computer Electrical Industrial and Automation Engineering Mechanical Engineering With the Bologna reform, introduced at ISEL in the academic year of 2006/2007, the 5-year (1st + 2nd Cycle) courses where transformed into a 3-years graduation courses, by which the graduates have their engineering licence (Licenciatura) and 2-year Master courses. After complete successfully the 3+2 years curricula, conferring respectively the Licentiateships and Masters Degree, students are eligible for admission to research activities leading to a Doctoral degree. 26 DEEA / Power Systems Unit Power Systems Unit Instituto Superior de Engenharia de Lisboa / DEEA Rua Conselheiro Emídio Navarro, 1, 1950-062, Lisboa, Portugal Tel.: (+351) 218 317 249 Fax: (+351) 218 317 009 E-mail: [email protected] Web: http://pwp.net.ipl.pt/deea.isel/ssenergia The Department of Electrical Engineering and Automation (DEEA) is responsible for the undergraduate (1st cycle of Bologna) and graduate (2nd cycle of Bologna) programs in Electrical Engineering, with specializations in the fields of Energy and Automation. These programs award the Bachelor degree (3-year degree) and the Master degree (2year degree with a cycle of courses followed by a Dissertation). The Power Systems Unit is a unit of DEEA and employs eight academic staff and other researchers working in the three main areas: • Power systems transmission and generation, including steady-state and transient analysis, power quality and protections • Energy markets, including electricity markets modelling and simulation, price forecasting, market power analysis, impact of CO2 emissions trading and risk management • Renewable energies, including economic analysis of renewable energy investments, impact of renewable energy in the grid, green certificates and renewable tariffs The research performed is enhanced through cooperation with industry and government institutions, as well as with several national and international research institutions working in the same fields of research. 27 EEM 08 - 5th International Conference on the European Electricity Market Technical University of Lodz - TUL The Technical University of Lodz came into existence in 1945, initially with 3 Faculties of Mechanical Engineering, Electrical Engineering and Chemistry. Together with its development new faculties were established, up to the present number of 9 faculties, 70 institutes and departments and 113 specializations. In 1992 the International Faculty of Engineering was set up with English and French as its languages of instruction. TUL offers a possibility of obtaining the following degrees: Bachelor of Art, Bachelor of Science, Master of Science and Doctorate of Philosophy. There are 21 000 students (including 800 PhD students) and approximately 3 000 staff members at the University. In 2002 a large, fully computerised library was opened. There are dormitories, canteens, a cinema, sports teams, Radio Żak broadcasting throughout the region and managed entirely by students, galleries? Within the campus area there are student clubs, two bank branches, a travel agency, a post office, cafés? Apart from the Student Committee plenty of other student organizations operate here as well. Undoubtedly each student can find here appropriate conditions for development, education and entertainment. The profile of education at TUL combines knowledge of basic sciences, technical sciences, specialist subjects with the issues in the area of organisation and management, economics, banking, marketing, and in arts. Students get acquainted with the latest technologies and compouter applications. Over 1500 academics work at TUL. They are among the leaders in Polish and international universities in research on numerous areas of science and technology. A large number of the research concerns applications of new technologies and materials as well as working out of new technologies. The best represented areas of science are biotechnology, electronics and telecommunication, computer science, materials engineering, technologies and nanotechnologies applied in technique, medicine, environmental protection, and improvement of food safety and quality. Biomedical engineering and research in new technologies in textile engineering are also dynamically developing areas of science at the university. 28 Institute of Electrical Power Engineering The Institute of Electrical Power Engineering was established in 1945 as the second faculty at of the TUL in this time. The Institute comprises of about 40 academic staff, working in research groups set up around main research topics such as: Electricity Markets, Power Plants, Transmission and Distribution System Operation and Control, Energy Market, Energy Utilisation and Electrical Lighting, High Voltage Devices and Electrical Traction. The research is carried out with the collaboration of the power supply industry companies including the Polish Transmission System Operator, power producers and distribution companies. Research projects are supported by the State Committee for Scientific Research and commercial partners. The outcomes of research projects have led to many practical implementations such as the optimization software for commitment and dispatch of power units in the Polish .balancing market. The staff of the Institute provides the professional consultation to the Polish Parliament, ministries involved in energy and and associations of power companies. The Institute has been developing international collaboration organizing acclaimed scientific conferences, endorsing staff and student abroad scholarships and participating in international research projects (5th, 6th and 7th Framework Programme). The Electricity Market Research Group (EMRG) This Research Group, involved in the electricity markets employs five academic staff and several research students. The main research topics include: regulatory and legal frameworks for the electricity market, balancing market operation, network congestion, commitment and dispatch of power generating units, power industry impact on environment, green, red, yellow and white certificates and their trade, CO2 emission allowances and the ETS, unbundling of power companies. The Electricity Market Research Group organize two annual conferences: • The Forum on the Application of Information Technology in the Power Supply Industry held each year in March, • The International Conference on “The European Electricity Market - Challenge of the Unification” held each year in May. The Research Group staff has been actively involved in the design and implementation of the Polish electricity market, developing market rules and operation procedures for commitment and dispatch of generating units in the balancing market. 29 EEM 08 - 5th International Conference on the European Electricity Market 30 IEEE Catalog Number: CFP0852D-CDR ISBN: 978-1-4244-1744-5 Library of Congress: 2007906918 © 2008 IEEE. Personal use of this material is permitted. However, permission to reprint/republish this material for advertising or promotional purposes or for creating new collective works for resale or redistribution to servers or lists, or to reuse any copyrighted component of this work in other works must be obtained from the IEEE. 31 EEM 08 - 5th International Conference on the European Electricity Market 32