Technical and economical aspects of wholesale electricity markets: An international comparison and main contributions for improvements in Brazil
L Ribeiro, A Street, D Valladão, AC Freire… - Electric Power Systems …, 2023 - Elsevier
The Brazilian power-market design features were based on the system's physical and
economic characteristics in the'90s. However, some of the approximations and assumptions …
economic characteristics in the'90s. However, some of the approximations and assumptions …
Application of stochastic dual dynamic programming to the real-time dispatch of storage under renewable supply uncertainty
This paper presents a multistage stochastic programming formulation of a transmission-
constrained economic dispatch subject to multiarea renewable production uncertainty, with …
constrained economic dispatch subject to multiarea renewable production uncertainty, with …
Nonconvex medium-term hydropower scheduling by stochastic dual dynamic integer programming
Hydropower producers rely on stochastic optimization when scheduling their resources over
long periods of time. Due to its computational complexity, the optimization problem is …
long periods of time. Due to its computational complexity, the optimization problem is …
Modelling of environmental constraints for hydropower optimization problems–a review
LE Schäffer, A Adeva-Bustos… - … conference on the …, 2020 - ieeexplore.ieee.org
Hydropower plants and reservoirs can have negative impacts on their surrounding
ecosystems. To limit such impacts, environmental regulations may be imposed. This paper …
ecosystems. To limit such impacts, environmental regulations may be imposed. This paper …
A soft robust methodology to devise hedging strategies in renewable energy trading based on electricity options
A Brigatto, B Fanzeres - Electric Power Systems Research, 2022 - Elsevier
Supply contracts play an important role in competitive electricity markets. They help ensure
supply adequacy and hedge against market power, among other benefits. However, when …
supply adequacy and hedge against market power, among other benefits. However, when …
Multi-agent deep reinforcement learning for efficient multi-timescale bidding of a hybrid power plant in day-ahead and real-time markets
Effective bidding on multiple electricity products under uncertainty would allow a more
profitable market participation for hybrid power plants with variable energy resources and …
profitable market participation for hybrid power plants with variable energy resources and …
A target-time-windows technique for project scheduling under uncertainty
We address the problem of determining the start times of activities in order to maximize the
expected net present value of a project given precedence constraints. We assume that each …
expected net present value of a project given precedence constraints. We assume that each …
Sequential pricing of electricity
J Mays - Energy Economics, 2024 - Elsevier
This paper investigates the design and analysis of price formation in wholesale electricity
markets given variability, uncertainty, non-convexity, and intertemporal operating …
markets given variability, uncertainty, non-convexity, and intertemporal operating …
Convex relaxations of the short-term hydrothermal scheduling problem
A Helseth, S Jaehnert, AL Diniz - IEEE Transactions on Power …, 2020 - ieeexplore.ieee.org
This paper concerns the assessment of two methods for convex relaxation of the short-term
hydrothermal scheduling problem. The problem is originally formulated as a mixed integer …
hydrothermal scheduling problem. The problem is originally formulated as a mixed integer …
Hydropower aggregation by spatial decomposition—an sddp approach
The balance between detailed technical description, representation of uncertainty and
computational complexity is central in long-term scheduling models applied to hydro …
computational complexity is central in long-term scheduling models applied to hydro …