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Perica Ilak*, Slavko Krajcar, Ivan Rajš, Marko Delimar *Presenting autor

Profit Maximization of a Hydro Producer in a Day- Ahead Energy Market and Ancillary Service Markets. Perica Ilak*, Slavko Krajcar, Ivan Rajš, Marko Delimar *Presenting autor. What was the the goal of this work?.

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Perica Ilak*, Slavko Krajcar, Ivan Rajš, Marko Delimar *Presenting autor

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  1. Profit Maximization of a Hydro Producer in a Day-Ahead Energy Market and Ancillary Service Markets Perica Ilak*, Slavko Krajcar, Ivan Rajš, Marko Delimar *Presenting autor

  2. What was the the goal of this work? • To see how liberalization of electricty market and ancillary services markets affects the profit of HPP Vinodol

  3. What has been done • Mathematical model of studied HPS Vinodol is formulated • Ancillary services markets are formulated: • 10 minute spinning reserve market • Regulation Market • Case Study is done to give an insight to a reader (one set of input data)

  4. What has been done • HPP Vinodol participates in: • Day-ahead auction market: energy and ancillary services • Accent is on flexible mathematical model and on market organization

  5. Hydropower system Vinodol

  6. Something about model

  7. Something about model

  8. Input data

  9. Results

  10. What should be done • Take into account longer time horizon • Scenario analysis should be done (more than one set of input data) • Taking into account constrainng risk of financial losses

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