Search results for "strategic bidding"

showing 2 items of 2 documents

Impact of Wind Electricity Forecasts on Bidding Strategies

2017

The change in the generation mix from conventional electricity sources to renewables has important implications for bidding behaviour and may have an impact on prices. The main goal of this work is to discover the role played by expected wind production, together with other relevant factors, in explaining the day-ahead market price through a data panel model. The Spanish market, given the huge increase in wind generation observed in the last decade, has been chosen for this study as a paradigmatic example. The results obtained suggest that wind power forecasts are a new key determinant for supply market participants when bidding in the day-ahead market. We also provide a conservative quanti…

day-ahead electricity market020209 energyRisk premiumGeography Planning and DevelopmentTJ807-83002 engineering and technologyManagement Monitoring Policy and LawTD194-195:CIENCIAS ECONÓMICAS [UNESCO]Renewable energy sourcesSupply marketMicroeconomics0202 electrical engineering electronic engineering information engineeringEconomicsMarket pricestrategic biddingGE1-350Trading strategyWind powerEnvironmental effects of industries and plantsRenewable Energy Sustainability and the Environmentbusiness.industryday-ahead electricity market; renewables; strategic biddingUNESCO::CIENCIAS ECONÓMICASrenewablesBiddingRenewable energyEnvironmental sciencesElectricitybusinessSustainability; Volume 9; Issue 8; Pages: 1318
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Impact of Renewables in Spanish Electricity Markets

2021

El objetivo de la presente tesis es analizar el impacto de la introducción de las energías renovables en el sistema eléctrico español. El sistema eléctrico español es elegido como ejemplo paradigmático debido al intenso crecimiento observado en las renovables en los últimos años, en especial de energía eólica. Su contenido se estructura en 3 capítulos: En el primer Capitulo, ”Effects of renewable on the stylized facts of electricity prices”, se analiza el impacto de las renovables en el precio resultante de la subasta del mercado diario (también llamado precio spot) siendo objeto de estudio no solo el comportamiento del precio en niveles, sino también sus características principales, como …

machine learningbalancing marketsintermittencyelectricity marketstrategic biddingUNESCO::CIENCIAS ECONÓMICASrenewable:CIENCIAS ECONÓMICAS [UNESCO]price volatility
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