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Suggested Improvements to Marginal Emissions Methodology (specifically how data is treated from price setter files).
To be reviewed....
Current Issue:
The price setter file 'Increase' column is indicative of MLFs not the actual MW increase in power from a marginal generator. Current method however weights marginal emissions intensity for a 5-min DI by the increase factors. This results in overcounting (quite high emissions factors >> 1tCO2/MWh for some DIs) while also undercounting in other intervals.
Proposed Method:
Cleaning for ‘Increase’ amounts only over 0.05MW (to represent significant influences on the margin, price setter files includes some minor curtailed/varied generation)
Resampling using the mean of the ‘Intensity_Index’ in that Time-Region
‘CO2E_ENERGY_SOURCE’ as multiple unit energy sources for that Time-Region (e.g. Hydro, Natural Gas (Pipeline) rather than a single technology.
Additional changes to consider:
Optional setting to consider Hydro/Storages in step 2 (mean of 'Intensity_Index') or not. For example if both Hydro (0tCO2/MWh) and Gas (~0.6tCO2/MWh) are marginal generators in the same DI/region. Instead of averaging their intensities which would yield
0.3tCO2/MWh (a factor half of the actual gas emissions intensity), this setting would simply adopt the mean emissions intensities excluding hydro (therefore 0.6tCO2/MWh). Where hydro is the only generator on the margin in a single DI/region, the emissions factors should remain that of the hydro plant (e.g. 0tCO2/MWh).
Note the above additional filter is more a makeshift workaround to mitigate 0tCO2/MWh factors from distorting emissions observations but does not intend to completely offer a solution for substituting different emissions factors where hydro/storage is on the marginal.
Credits
Credit to Louise Bardwell for picking up this issue and contributing proposed solution.
Addresses Git Issue: #13
Update includes fixing weighted sum of price setter generator marginal emissions and adjusting plant emissions factors by MLF (for marginal em only).
Documentation not yet updated, fix not thoroughly tested (hence this is not yet a package version release). Please comment on existing Git Issue if you have feedback/further changes to raise on this.
Acknowledgements to Louise Bardwell, Dylan McConnell in suggesting changes.
Suggested Improvements to Marginal Emissions Methodology (specifically how data is treated from price setter files).
To be reviewed....
Current Issue:
The price setter file 'Increase' column is indicative of MLFs not the actual MW increase in power from a marginal generator. Current method however weights marginal emissions intensity for a 5-min DI by the increase factors. This results in overcounting (quite high emissions factors >> 1tCO2/MWh for some DIs) while also undercounting in other intervals.
Proposed Method:
Additional changes to consider:
0.3tCO2/MWh (a factor half of the actual gas emissions intensity), this setting would simply adopt the mean emissions intensities excluding hydro (therefore 0.6tCO2/MWh). Where hydro is the only generator on the margin in a single DI/region, the emissions factors should remain that of the hydro plant (e.g. 0tCO2/MWh).
Note the above additional filter is more a makeshift workaround to mitigate 0tCO2/MWh factors from distorting emissions observations but does not intend to completely offer a solution for substituting different emissions factors where hydro/storage is on the marginal.
Credits
Credit to Louise Bardwell for picking up this issue and contributing proposed solution.
For reference:
https://wattclarity.com.au/articles/2019/02/a-preliminary-intermediate-guide-to-how-prices-are-set-in-the-nem/
https://wattclarity.com.au/articles/2019/03/price-setting-concepts-an-explainer/
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