Beruflich Dokumente
Kultur Dokumente
METU
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 1
Supply and Demand
METU
Supply-Demand Balance
Basic Conditions for System Itaipu Penstocks
Operation
A basic condition of system
operation is that electricity
cannot be stored
This means that;
a) electricity must be
consumed immediately,
while it is being generated
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 2
Supply and Demand
METU
Supply-Demand Balance
An Implication of the above Condition Immediate Generation and Consumption
Supply-Demand Balance
Supply – Demand Balance Teknecik Power Plant
Supply-Demand Balance must always be 27.10.2009
maintained;
• in real-time,
• under all system operating conditions
Basic principle for maintaining supply-
demand balance;
Keep always sufficient amount of spare
generation, transmission or distribution capacity
for a sudden, unexpected contingency(*)
------------------
(*) Contingency: Sudden loss of a generation, transmission or
distribution capacity due to an unexpected line or transformer opening
Supply-Demand Balance
Supply – Demand Balance İskenderun-Sugözü
470 MW 300 MW
Transmission 200 MW
250 MW and
Distribution System 1270 MW
1200 MW
150 MW
+ +
Pgi = 1920 MW = PLosses + Pli = 1920 MW
470 MW 300 MW
Transmission 200 MW
250 MW and
Distribution System 1270 MW
1200 MW
150 MW
+ +
Pgi = 1920 MW = PLosses + Pli = 1920 MW
Shaft Water Flow
Sum of generations = Sum of loads + losses
Supply-Demand Balance
Total Supply = Total Demand + Losses Supply – Demand Balance
Pgi = Pli + Plosses
• System frequency is mainly determined Pg1 Pl1
by supply-demand balance Transmission
• A deviation in system frequency is an Pg2 and Pl2
indication of supply-demand unbalance Distribution
Pg3 System Pl3
Pgk Pln
+ +
Pgi = PLosses + Pli
470 MW 300 MW
Transmission
and 200 MW
250 MW Distribution
System 1270 MW
1200 MW 150 MW
+ +
Pgi = 1920 MW = Plosses= 10 MW + Pli = 1910 MW
Total Supply > Total Demand + Losses f ↑,
Pgi > Pli + Plosses (Overfrequency)
V↑, (Overvoltage)
Total Supply < Total Demand + Losses f ↓, (Underfrequency)
Pgi < Pli + Plosses V↓, (Undervoltage)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 8
Supply and Demand
METU
Frequency
49.0
48.0
47.0
30 30
25 25
20 20
15 15
Sorted
wrt power
10 10
5 5
0 0
0 2 4 6 8 10 12 14 16 18 20 22 24 0 2 4 6 8 10 12 14 16 18 20 22 24
Time (hours) Duration (hours)
The net areas under the curves (Energy consumptions) The ratio of the shaded area to overall
rectangular area is the Capacity Factor of
are the same the Load expressed in (%)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 13
Supply and Demand
METU
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 14
Supply and Demand
METU
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 15
Supply and Demand
METU
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 16
Supply and Demand
METU
Power demand = 23 MW 5
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
Duration (%)/100
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 17
Supply and Demand
METU
i.e. only:
0.05 x 8765 = 438.3 hours / year 25
20
Power demand = 30 MW
15 Duration = d = 0.05 = 5 %
= 8765 x % 5 = 438.3 hours/year
10
0
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
Duration (%)/100
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 18
Supply and Demand
METU
Definition Application
Now, consider a plant supplying 40
15
Duration = d
10
0
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
Duration (%)/100
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 20
Supply and Demand
METU
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 21
Supply and Demand
METU
Conclusion; 5
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 22
Supply and Demand
METU
Unit Commitment
Definition Baymina Combined Cycle Gas
Plant Tractabel, Ankara, Maliköy,
Unit commitment is the scheduling of plants 770 MW, 6,3 billion kWh/Year
with different fixed, variable costs and
generating capacities, in order to meet the
demand in the most economical way in real time
Gas Plant 40 MW
Transmission
50 MW
and/or
Hydroelectric Distribution
Plant System
80 MW
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 23
Supply and Demand
METU
Unit Commitment
Example Baymina Combined Cycle Gas Plant
Tractabel, Ankara, Maliköy, 770 MW, 6,3
Consider two plants supplying a single billion kWh/Year
demand
Please note that;
• Capacity of each plant is sufficient to meet
the total demand, implying that the
example is an unconstrained optimization
problem,
• Solution of the constrained problem is
more complicated
Gas Plant
40 MW
50 MW Transmission
and/or
Hydroelectric Distribution System
Plant
80 MW
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 24
Supply and Demand
METU
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 25
Supply and Demand
METU
35
Fixed and Variable Costs
30
Plant Fixed Variable
Cost -FCC Cost –VC 25
($/MWh) ($/MWh) 20
0
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
Capacity Factor (c)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 26
Supply and Demand
METU
40.0 40.0
36.0 36.0
34.0 34.0
32.0 32.0
30.0 30.0
28.0 28.0
26.0 26.0
24.0 24.0
22.0 22.0
20.0 20.0
0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Hours Hours
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 27
Supply and Demand
METU
26.0
a0 40.287388320401500000 * 1
24.0
a1 -1.486402987869950000 * x
22.0
a2 0.264259932969821000 * x2
20.0
a3 -0.019184181912791600 * x3
a4 0.000404328305377399 * x4 2
----------------------------------- 0
WLS Algoithm: Ref.: Injtroduction to Numerical Analysis, C. E. FRÖBERG, 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Addison-Wesley, First Printing 1970, Page: 336 Hours
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 28
Supply and Demand
METU
20
Gas Plant 40 MW 15
50 MW Transmission
and/or 10
Hydroelectric Distribution
Plant System 5 Optimum capacity factor
80 MW
0
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
Capacity Factor (c)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 29
Supply and Demand
METU
Solution
Optimum capacity factor is the
intersection of the two screening
curves
Optimum capacity factor in the
present example is 0.5
• Gas plant;
is preferable when
0 c 0.5
• Hydroelectric plant:
is also committed (in addition
to gas plant) when
0.5 c 1.0
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 30
Supply and Demand
METU
Demand (MW)
28
Gas plant alternative is preferable when 26
24
capacity factor is between zero and 0.5, 22
20
Hydroelectric plant alternative is also
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 31
Supply and Demand
METU
Demand (MW)
Solution 38
Energy supplied
by gas plant
The resulting plant loadings are shown on 36
Energy supplied
the RHS 34 by hydroelectric
plant
32
Gas plant alternative must be preferred
30
when capacity factor is between 0 and 0.5, 28
and hydroelectric plant is also committed
26
(in addition to gas plant) when capacity
24
factor is above 0.5
22
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 32
Supply and Demand
METU
Demand (MW)
38
36
Two plants supplying a single demand 34
32
30
28
26
Gas Plant 40 MW
Transmission 24
50 MW 22
and/or 20
Hydroelectric Distribution
Plant System 2
80 MW 0
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
Capacity Factor (c)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 33
Supply and Demand
METU
previous table 5
0
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
Capacity Factor (c)
Two plants supplying a single demand 40
Demand (MW)
38
36
34
32
40 MW 30
Gas Plant Transmission 28
50 MW 26
and/or
24
Hydroelectric Distribution 22
Plant System 20
80 MW
2
0
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
Capacity Factor (c)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 34
Supply and Demand
METU
Demand (MW)
38
0.5 x 24
E1 =
36
P(c) dc – (36 x 0.5 x 24 hours) 34
0 32
30
24 28
E2 = P(c) dc – E1 26
24
0 22
20
P (c) = a0 + a1 c +a2 c2 + a3 c3 + a4 c4 2
0
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
Please note that the integration limits are [ 0 , 24 hours ], not [ 0, 1 ] Capacity Factor (c)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 35
Supply and Demand
METU
Demand (MW)
12
38
= [ a0 c + a1 c2 / 2 +a2 c3 / 3 + a3 c4 / 4 + a4 c5 / 5 ] - 432 36
0 34
32
= a0 12 + a1 12 2 / 2 + a2 12 3 / 3 + a3 12 4 / 4 30
28
+ a4 12 5 / 5 - 432 26
24
= 449.31 – 432.00 = 17.31 MWh 22
20
2
0
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
Capacity Factor (c)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 36
Supply and Demand
METU
24 0
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
= [ a0 c + a1 c2 / 2 +a2 c3 / 3 + a3 c4 / 4 + a4 c5 / 5 ] - E1 Capacity Factor (c)
0 40
Demand (MW)
38
= a0 24 + a1 24 2 / 2 + a2 24 3 / 3 + a3 24 4 / 4 36
34
+ a4 24 5 / 5 - E1 32
30
28
= 809.21 – 17.31 = 791.90 MWh 26
24
22
20
2
0
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
Capacity Factor (c)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 37
Supply and Demand
METU
= 791.90 MWh 10
5
Demand (MW)
38
Gas Turbine (Combined Cycle) 8.00 25.00 36
34
Hydroelectric 20.00 4.0 32
30
28
26
24
22
Please note that fixed costs are the charges 20
reflected to the customer regardless of the
2
consumption, i.e. regardless of the capacity 0
factor 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
Capacity Factor (c)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 38
Supply and Demand
METU
40 40
Demand (MW)
Demand (MW)
38 38
36 36
34 34
32 32
30 30
28 28
26 26
24 24
22 22
20 20
2 2
0 0
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
Capacity Factor (c) Capacity Factor (c)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 39
Supply and Demand
METU
40 40
38 38
36 36
34 34
32 32
Demand (MW)
Demand (MW)
30 30
28 28
26 26
24 24
22 22
20 20
2 2
0 0
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
Capacity Factor (c) Capacity Factor (c)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 40
Supply and Demand
METU
= 7.36 $/MWh x 4 MW x 24 h 36
34
= 706.56 $
Demand (MW)
32
30
28
= 17.00 $/MWh x 36 MW x 24 h
2
0
= 14,688.00 $ 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
Capacity Factor (c)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 41
Supply and Demand
METU
Demand (MW)
38
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 42
Supply and Demand
METU
Gas Plant 40 MW
50 MW Transmission
Hydroelectric
and/or
Plant Distribution
80 MW
System
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 44
Supply and Demand
METU
Demand (MW)
38
Energy
Consider first the case, where only gas 36 supplied by
gas plant
plant is put in service 34
32
Capacity Factor gas = Area /(40 x 24 hours)
30
= 809.21 / 960 = 83.77 % 28
24
Daily Fixed Cost of Gas Plant = FCG 22
FCG = FCCG x Daily Capacity 20
Demand (MW)
Non-Optimal Cases 38
Energy
36 supplied by
Daily Average Cost of Electricity of Gas Plant gas plant
34
ACG = ( FCG + VCG ) / E1 32
= ( 7065.60 + 16,815.38 ) $ / 809.21 MWh 30
= 23,880.98 $ / 809.21 MWh = 29.51 $ / MWh 28
= 2.95 Cents / kWh > 2.53 Cents / kWh 26
24
Optimal Solution 22
20
2
0
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
Capacity Factor (c)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 46
Supply and Demand
METU
Demand (MW)
38
Energy
Now, consider the case, where only 36 supplied by
hydroelectric
hydroelectric plant is put in service 34 plant
32
Capacity Factor hydroelectric = Area /(40 x 24 hours)
30
= 809.21 / 960 = 83.77 % 28
24
Daily Fixed Cost of Hydroelectric Plant = FCH 22
FCH = FCCH x Daily Capacity 20
Demand (MW)
38
36 Energy supplied by
hydroelectric plant
34
Optimal Solution 32
30
28
26
Hence, the solution found in Example 1 is indeed 24
22
the optimal solution 20
2
0
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
Capacity Factor (c)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 48
Supply and Demand
METU
7
Variable Cost of Gas Plant
20 6
Slope = Variable Cost - VC
5
Variable Cost-VC
10 3
2
5 1
Fixed Cost-FCC
0
0 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0 Capacity Factor (c)
Capacity Factor (c)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 49
Supply and Demand
METU
Curve 3
2
25
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 50
Supply and Demand
METU
15
10
40 MW
Gas Plant
50 MW Transmission 5
and/or
Hydroelectric Distribution 0
Plant System 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
80 MW Capacity Factor (c)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 51
Supply and Demand
METU
Unit Commitment
Example 2 - Three Plant Case Screening Curves
Calculate the annual average cost of 45
case 35
25
Gas Plant
20 MW 20
40 MW
Transmission
Fuel Oil Plant and/or 15
30 MW Distribution
System 10
Hydroelectric
Plant
40 MW 5
0
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
Capacity Factor (c)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 54
Supply and Demand
METU
Unit Commitment
Solution Screening Curves
Hydroelectric
System 20
Plant 15
40 MW 10
5
0
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
Duration (%)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 55
Supply and Demand
METU
Unit Commitment
Solution Screening Curves
Fuel oil plant
45
0 c 0.13 30
25
Gas plant 20
is also committed when capacity factor is 15
0.13 c 0.91 10
5
Hydroelectric plant 0
is also committed when capacity factor is 40
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
Capacity Factor (c)
0.93 c 1.00 35
30
Power output of fuel oil plant 25
Energy supplied by fuel oil plant
20
Power output of gas plant 15
Energy supplied by gas plant 10
5
Power output of hydroelectric plant
0
Energy supplied by hydroelectric plant 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
Duration (%)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 56
Supply and Demand
METU
25
6 VC of Fuel Oil Plant
20
Slope = Variable Cost - VC VC of Hydroelectric Plant
5
Variable Cost-VC
15 4
3
10
2
5 1
Fixed Cost-FCC
0
0 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0 Capacity Factor (c)
Capacity Factor (c)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 57
Supply and Demand
METU
Screening Curve 4
3
∫ VC(c) dc + FCC = CCC (c) 2
1
25
0
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
20 Capacity Factor (c)
5 15
10
0 5
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0 0
Capacity Factor (c) 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
Capacity Factor (c)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 58
Supply and Demand
METU
Energy Costs
Solution Multi-Plant Commitment
Rule: Please note that plants with higher fixed costs and
lower variable costs are placed in tha base level,
Each slice on the Load Duration Curve while the others are placed in the peak level
represent energy supplied by a plant 40
Variable Costs: 25
Energy supplied by
Hydroelectric Plant
Capacity Factors
10
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 61
Supply and Demand
METU
25 Energy supplied by 25
Hydroelectric Plant Energy supplied by Gas
Plant
20 20
15 15
10 10 Energy supplied by
Hydroelectric Plant
5 5
Duration of Operation Duration of Operation of
of Fuel Oil Plant Fuel Oil Plant
0 0
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0 0 2 4 6 8 10 12 14 16 18 20 22 24
Duration (%)/100 Time (hours)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 62
Supply and Demand
METU
30 Energy supplied by
Gas Plant 20 MW Gas Plant
Transmission 40 MW
and/or 25 Energy supplied by
Fuel Oil Plant 30 MW
Distribution Hydroelectric Plant
System 20
Hydroelectric 40 MW
Plant
+ 15
90 MW
10
5
Duration of Operation
of Fuel Oil Plant
0
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
Duration (%)/100
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 63
Supply and Demand
METU
Energy Costs
Solution Fixed and Variable Costs
Plant Fixed Variable Total Demand P(t) (MW)
Cost - Cost – 40
Power Demand met
FCC VC by Fuel Oil Plant,
Pgas = 12 MW 35
($/MWh) ($/MWh)
30
Gas Turbine (Combined Cycle) 7.36 20.78 Power Demand met
by Gas Plant,
Fuel Oil Plant 4.75 34.40 Pfuel oil = 13 MW 25
0
Please note that 100 % duration corresponds to 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
one year period (i.e. 8765 hours) in this case Duration (%)/100
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 64
Supply and Demand
METU
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 65
Supply and Demand
METU
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 66
Supply and Demand
METU
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 67
Supply and Demand
METU
Variable Cost of Fuel Oil Plant 20.78 12.00 0.065 8,765.00 6,835.72 142,046.33
Variable Cost of Gas Turbine 15.00 13.00 0.606 8,765.00 69,078.03 1,036,170.52
Variable Cost of Hydroelectric Plant 6.00 15.00 0.993 8,765.00 130,598.50 783,591.00
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 68
Supply and Demand
METU
18000
Export
16000
Hydroelectric
14000
12000
10000
Motorin (Mobile)
6000
Fuel Oil
4000
Hard Coal
Lignite 2000
Import 0
0 2 4 6 8 10 12 14 16 18 20 22 24
Time (Hours)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 70
Supply and Demand
METU
2001
2002
2003
Demand (MW)
Hours
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 72
Supply and Demand
METU
Must Offer Waiver (MOW) 8083 8833 8833 8833 8833 8623 8623 7941 7941 7941 7941 7941
Abandoned offers
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 73
Supply and Demand
METU
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 74
Supply and Demand
METU
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 75
Supply and Demand
METU
Peaker Plants
Load Duration Curve Commitment of Plants
Plants laid on the top of the curve are 40
“Peaker” 30
25
20
15
10
0
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
Duration (%)/100
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 76
Supply and Demand
METU
Peaker Plants
The Need for Peaker Plants Hasan Uğurlu HEPP (500 MW)
Peaker plants:
• Produce the most expensive electricity,
• are operated only within a certain
period of time, i.e. during the period
when the system is confronted with
the peak demand,
• are de-committed (taken out of service)
after the system has passed through
the peak loading conditions,
• do not have sufficient fuel (energy) to
supply the load for a long time
duration in a year Annual Capacity = 1.217 GWh
Capacity Factor = 1.217 / 4.382 = 27.7 %
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 77
Supply and Demand
METU
Baseload Plants
Load Duration Curve Commitment of Plants
40
“Baseload Plants” are those laid on
Curve. 30
Energy supplied by
Baseload plants
Baseload plants: 25
0
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
Duration (%)/100
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 78
Supply and Demand
METU
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 80
Supply and Demand
METU
Demand (MW)
80
70
60
50
40
30
20
10
02:00
03:00
04:00
15:00
16:00
17:00
18:00
19:00
20:00
21:00
22:00
23:00
14:00
13:00
12:00
10:00
11:00
0:00
0:00
5:00
6:00
7:00
1:00
8:00
9:00
Hours
Weekday Industrial Saturday Industrial
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 81
Supply and Demand
METU
19.000
18.000
17.000
Weekday Total
16.000
Weekend Total
15.000
14.000
13.000
12.000
11.000
10.000
0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Time (Hours)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 82
Supply and Demand
METU
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 83
Supply and Demand
METU
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 85
Supply and Demand
METU
Demand Curve
Price (Cent/kWh)
7.5
Price Elasticity of Demand
Price Elasticity Curve or Demand Curve 7.0
is a curve showing the sensitivity of
electric consumption or customer 6.5
demand on price
Price Elasticity Curve shows how much 6.0
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 86
Supply and Demand
METU
Rigid Demand
Price Elasticity of Demand Please note that demand does not depend on
price, i.e. it remains unchanged
A rigid demand is the one with a certain
daily or yearly characteristics that does 7.5
Price (Cent/kWh)
not vary with price
7.0
Some loads may be more elastic, while
some others rigid. 6.5
4.5
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 87
Supply and Demand
METU
Price (Cent/kWh)
Price Elasticity of Demand
Demand is; 7.0
Demand Curve
Total Electricity Demand
Area under the demand curve is the total
payment that the customer agrees to pay (*) for
the total electricity purchased
-------------------------------
(*) This is the payment that the customer agrees to make for
the total electricity purchased, not the actually payment
7.5
Price (Cent/kWh)
7.0
Total payment that the customer agrees to
6.5 make for total electricity purchased
6.0
Total electricity consumed
5.5
5.0
4.5
1000 1050 1100 1150 1200 1250 1300
Demand (kWh)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 89
Supply and Demand
METU
Price (Cent/kWh)
40
35
10.0
30
Peak energy to be clipped
25 W = 25000 kWh = 25 MWh
8.0
20
6.0
15
10
4.0
5
Peak energy to be clipped
= 25 MWh
2.0
0
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0 25
Price Adjustment 50 75 100 125 150 175
Price = 2 Cent (kWh) Demand (MWh)
Duration (%)/100
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept.,
1 METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 90
Supply and Demand
METU
35 35
30 Energy supplied by 30
Fuel Oil Plant
25 25
20 20
Sorted
15 wrt power 15
Energy supplied by
Gas Plant
10 10
Energy supplied by
Hydroelectric Plant
5 5
0
0
0 2 4 6 8 10 12 14 16 18 20 22 24 0 2 4 6 8 10 12 14 16 18 20 22 24
Time (hours) Duration (hours)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 92
Supply and Demand
METU
50
40 40
35 35
30 30
25 25
20 20
15 15
10 10
5 5
0 0
0 2 4 6 8 10 12 14 16 18 20 22 24 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
Duration (hours) Duration (%)/100
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 93
Supply and Demand
METU
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 94
Supply and Demand
METU
40
35
30
25
20
15
10
5
0
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
45
Combined Capacity Cost ($/MWh)
40
35 Hydroelectric Plant
30
25
Gas Plant
20
15
10 Fuel Oil Plant
5
0
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
Duration (%)/100
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 95
Supply and Demand
METU
25 7
Fuel oil Plant
6 Hydroelectric Plant
20
Slope = Variable Cost - VC
Variable Cost-VC 5
Gas Plant
15 4
3
10
2
5 1
Fixed Cost-FCC
0
0
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0 Capacity Factor (c)
Capacity Factor (c)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 96
Supply and Demand
METU
0.9
0.8
0.7
0.6
0.5
0.4
0.3
0.2
0.1
0.0
0
5 10 15 20 25 30 35 40 45 50
Total Demand P(t) (MW)
Hydroelectric Plant Gas Plant Fuel Oil Plant Unmet demand (10 MW)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 97
Supply and Demand
METU
11.0
10.0 Fuel oil Plant
9.0
Gas Plant
8.0
5.0
4.0
0
5 10 15 20 25 30 35 40 45 50
Total Demand P(t) (MW)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 98
Supply and Demand
METU
12.0
11.0
10.0
Demand Curve
9.0
8.0
7.0
Fuel Oil Plant
6.0
4.0
Hydroelectric
Plant
25 30 35 40 45 50
0
5 10 15 20
Total Demand P(t) (MW)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 99
Supply and Demand
METU
13.0
Please note that cost suddenly jumps
45 to 13 Cent/kWh at 40 MW demand
12.0
11.0 40
10.0 35
Demand Curve
9.0 30
8.0 25
7.0
Fuel Oil Plant 20
6.0
15
5.0 Gas Plant 10
4.0
Hydroelectric 5
Plant
0
5 10 15 20 25 30 35 40 45 50 0 0 2 4 6 8 10 12 14 16 18 20 22 24
Total Demand P(t) (MW) Time (hours)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 100
Supply and Demand
METU
off-peak period 15
Evening Tariff
10
unchanged after reshaping
Night Tariff
Night Tariff
Daily Tariff
5
0
0 2 4 6 8 10 12 14 16 18 20 22 24
Time (Hours)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 101
Supply and Demand
METU
New Curve
Industrial(**) 119.800 202.740 58.240 113.810 25
Evening Tariff
10
Government Inst. 119.500 186.550 61.300 109.500
Night Tariff
Daily Tariff
Night Tariff
-------------------------------------------------- 5
(*) TEDAS (64 cities +1 associated share), January 01, 2004
(**) No incentive 0
0 2 4 6 8 10 12 14 16 18 20 22 24
Time (Hours)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 102
Supply and Demand
METU
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 103
Supply and Demand
METU
periods
5
0
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
Duration (%)/100
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 104
Supply and Demand
METU
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 105
Supply and Demand
METU
as;
• Plants 1-3 may not be able to 3000 +
supply the extra power
2500
requirement to be arised from
uncommitment of Plant-4, 2000
500
0
0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Time (Hours)
EE 710 Electricity Trading, Electrical and Electronics Eng. Dept., METU, Spring 2007, Prof. Dr. Osman SEVAIOGLU, Page 106
Supply and Demand
METU