Capacity trading in electricity markets

Çubuklu, Ömer
In electricity markets, capacity cost must be determined in order to make capacity trading. In this thesis, capacity cost and the factors deriving the capacity cost are studied. First, fixed capacity cost of power plants is examined. Direct and indirect costs of fixed capacity cost are detailed with respect to different types of power plants and the impact of these factors to the capacity cost is given. Second, interconnection and system utilization costs of transmission and distribution system are considered in order to simulate energy flow from the producer to the customer. Finally, a capacity cost calculation program is practiced. By the help of this program, capacity cost of power plants is figured out, different cases are compared and the main factors affecting the capacity cost are discussed in detail.


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Özel, Kerem; Özay, Nevzat; Department of Electrical and Electronics Engineering (2006)
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Uğuz, Mustafa; Sevaioğlu, Osman; Department of Electrical and Electronics Engineering (2006)
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Citation Formats
Ö. Çubuklu, “Capacity trading in electricity markets,” M.S. - Master of Science, Middle East Technical University, 2012.