| Power Markets | Wholesale Market Opportunities | Wholesale Market Challenges | Ancillary Services | Random |
|---|---|---|---|---|
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What is Adequacy, Energy, and/or Ancillary Services
Name two of the three domains of power markets
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What is several answers (smart meters, distributed generation, etc.)
This is an example of an emerging technology
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What is more volatile
Hourly wholesale prices are getting more or less volatile
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What is volt
The unit of measure for voltage
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What is China
This country is the largest producer of wind power
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What is five
The number of large utilities in China
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What is demand response
Increasing the price responsiveness of electricity demand (either through voluntary reaction to price signals or through contractual commitments)
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What is true
True or False: Renewable energy integration is reducing the marginal cost of providing energy
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What is true
True or False:
Non-spinning reserves are marketable ancillary services? |
What is the duck curve
A graph of power production over the course of a day that shows the timing imbalance between peak demand and renewable energy production
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What is capacity market
A market that rewards power plants for the power they will provide in the future.
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What is 55%
___% of all meters globally will be "smart" by 2020
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What is stagnant demand growth, growth of intermittent power, or consumer demand response
A contributing factor to the scissors effect
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What are support services for the adequate and reliable transmission of capacity and energy from resources to loads
The definition of ancillary services
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What is capacity payments, higher CO2 price, demand growth (electrification of transport and low electricity) prices will increase demand, closure of non-profitable plants
- Reforms on wholesale markets
A factor that could offset the scissor effect
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What is three
The number of EU directives
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What is distributed generation
Generation located within distribution networks or on the customer side of the network
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What is excess system complexity, price volatility, lack of long term investments, or absence of long-term market signals
This is one of the four major challenges facing the 21st century market design
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What is false
True or False: Reactive power is a marketable ancillary service?
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What is high fixed costs, low variable costs
Variable Renewable Energies have
____ fixed costs and ____ variable costs |
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What is 50%
___% of the US market is deregulated
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What is generation, transmission or load
Storage can act as an asset in ___?
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Voltage increases, power fluctuations or unintentional islanding
A potential negative impact of distributed generation
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What is voltage control, reactive power and/or blank start
This is an example of a non-marketable ancillary service
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What is Australia
This country is the world’s largest exporter of coal
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