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Changing the day-ahead gate closure to wind power integration: a simulation-based study

2019Journal article Open access
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dc.contributor.authorAlgarvio, Hugo
dc.contributor.authorCouto, António
dc.contributor.authorLopes, Fernando
dc.contributor.authorEstanqueiro, Ana
dc.date.accessioned2020-03-20T13:14:29Z
dc.date.available2020-03-20T13:14:29Z
dc.date.issued2019
dc.description.abstractABSTRACT: Currently, in most European electricity markets, power bids are based on forecasts performed 12 to 36 hours ahead. Actual wind power forecast systems still lead to large errors, which may strongly impact electricity market outcomes. Accordingly, this article analyzes the impact of the wind power forecast uncertainty and the change of the day-ahead market gate closure on both the market-clearing prices and the outcomes of the balancing market. To this end, it presents a simulation-based study conducted with the help of an agent-based tool, called MATREM. The results support the following conclusion: a change in the gate closure to a time closer to real-time operation is beneficial to market participants and the energy system generally.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationAlgarvio, H... [et.al.] - Changing the day-ahead gate closure to wind power integration: a simulation-based study. In: Energies, 2019, Vol. 12(14), article 2765pt_PT
dc.identifier.doi10.3390/en12142765pt_PT
dc.identifier.issn1996-1073
dc.identifier.urihttp://hdl.handle.net/10400.9/3193
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherMDPIpt_PT
dc.relationA Designar
dc.relation.publisherversionhttps://doi.org/10.3390/en12142765pt_PT
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/pt_PT
dc.subjectWind powerpt_PT
dc.subjectElectricity marketspt_PT
dc.subjectAgent-based modelingpt_PT
dc.subjectMATREM systempt_PT
dc.titleChanging the day-ahead gate closure to wind power integration: a simulation-based studypt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.awardTitleA Designar
oaire.awardURIinfo:eu-repo/grantAgreement/FCT//PD%2FBD%2F105863%2F2014/PT
oaire.citation.titleEnergiespt_PT
oaire.citation.volume12pt_PT
person.familyNameCouto
person.familyNameLopes
person.familyNameEstanqueiro
person.givenNameAntónio
person.givenNameFernando
person.givenNameAna
person.identifier.ciencia-idB01D-304F-6CD3
person.identifier.ciencia-id2619-80A1-A8AC
person.identifier.ciencia-id7F11-A24D-EE81
person.identifier.orcid0000-0002-4129-838X
person.identifier.orcid0000-0002-7368-8817
person.identifier.orcid0000-0002-2967-627X
person.identifier.orcid0000-0002-0476-2526
person.identifier.ridJ-9752-2012
person.identifier.scopus-author-id19336967700
project.funder.identifierhttp://doi.org/10.13039/501100001871
project.funder.nameFundação para a Ciência e a Tecnologia
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT
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relation.isAuthorOfPublication20aa31b3-fa3c-42b7-82a4-e6b91c017f9c
relation.isAuthorOfPublication.latestForDiscovery63bffd90-c233-4ffe-b222-d5b12e31ae33
relation.isProjectOfPublication127cf85f-a877-4f33-91bd-9f289fe89213
relation.isProjectOfPublication.latestForDiscovery127cf85f-a877-4f33-91bd-9f289fe89213

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