Question
Answer the questions based the bid offers from supply and demand sides, in order to discuss the market energy price. In the day-ahead market, the
Answer the questions based the bid offers from supply and demand sides, in order to discuss the market energy price.
In the day-ahead market, the supply side bid offers are as follows:
Supply ID Quantity (MW) Price ($)
SA 200 10
SB 100 15
SC 50 20
SD 100 25
SE 50 30
In the day-ahead market, the demand side bid offers are as follows:
Demand ID Quantity (MW) Price ($)
DA 200 50
DB 100 40
DC 50 30
DD 50 25
DE 100 10
When the time move to the same hour in the real-time market. The bid offers from the supply side do not change.
Supply ID Quantity (MW) Price ($)
SA 200 10
SB 100 15
SC 50 20
SD 100 25
SE 50 30
The demand sides becomes
Demand ID Quantity (MW)
DA 210
DB 110
DC 60
DD 90
DE 0
Please answer the following questions:
1.What is the number of the day-ahead market energy price? (5 points)
2.What is the number of the real-time market energy price? (5 points)
3.What is the profit of the supply ID SD in the day-ahead and real-time markets in total? (20 points)
4.What is the profit of the supply ID SE in the day-ahead and real-time markets in total? (20 points)
5.What is the cost of the demand ID DD in the day-ahead and real-time markets in total? (20 points)
6.What is the cost of the demand ID DE in the day-ahead and real-time markets in total? (20 points)
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