Utilize este identificador para referenciar este registo: http://hdl.handle.net/10400.21/4888
Título: Power producers trading electricity in both pool and forward markets
Autor: Algarvio, Hugo
Lopes, Fernando
Sousa, Jorge Alberto Mendes de
Lagarto, João Hermínio Ninitas
Palavras-chave: Bilateral contracts
Electricity markets
Optimization
Pools
Power producers
Data: Dez-2014
Editora: IEEE - Institute of Electrical and Electronics Engineers Inc.
Citação: ALGARVIO, Hugo; [et al] – Power producers trading electricity in both pool and forward markets. In Proceedings - International Workshop on Database and Expert Systems Applications. New York : IEEE - Institute of Electrical and Electronics Engineers Inc., 2014. Art. nr. 6974840, p. 139-143.
Relatório da Série N.º: 6974840
Resumo: The electricity industry throughout the world, which has long been dominated by vertically integrated utilities, has experienced major changes. Deregulation, unbundling, wholesale and retail wheeling, and real-time pricing were abstract concepts a few years ago. Today market forces drive the price of electricity and reduce the net cost through increased competition. As power markets continue to evolve, there is a growing need for advanced modeling approaches. This article addresses the challenge of maximizing the profit (or return) of power producers through the optimization of their share of customers. Power producers have fixed production marginal costs and decide the quantity of energy to sell in both day-ahead markets and a set of target clients, by negotiating bilateral contracts involving a three-rate tariff. Producers sell energy by considering the prices of a reference week and five different types of clients with specific load profiles. They analyze several tariffs and determine the best share of customers, i.e., the share that maximizes profit. © 2014 IEEE.
Peer review: yes
URI: http://hdl.handle.net/10400.21/4888
DOI: 10.1109/DEXA.2014.41
ISBN: 978-147995722-4
ISSN: 1529-4188
Aparece nas colecções:ISEL - Eng. Electrotécn. - Comunicações

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