Logo do repositório
 
Miniatura indisponível
Publicação

Power producers trading electricity in both pool and forward markets

Utilize este identificador para referenciar este registo.
Nome:Descrição:Tamanho:Formato: 
Power producers trading electricity.pdf329.52 KBAdobe PDF Ver/Abrir

Orientador(es)

Resumo(s)

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.

Descrição

Palavras-chave

Bilateral contracts Electricity markets Optimization Pools Power producers

Contexto Educativo

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.

Projetos de investigação

Unidades organizacionais

Fascículo

Editora

IEEE - Institute of Electrical and Electronics Engineers Inc.

Licença CC

Métricas Alternativas