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Hydro-wind balance in daily electricity markets : a case-study

dc.contributor.authorAlgarvio, Hugo
dc.contributor.authorLopes, Fernando
dc.contributor.authorSantana, João
dc.date.accessioned2020-04-20T14:53:50Z
dc.date.available2020-04-20T14:53:50Z
dc.date.issued2019
dc.description.abstractABSTRACT: The European Union has been one of the major drivers of the development of renewable energy. In Portugal, renewable generation is subject to specific licensing requirements and benefits from a feed-in-tariff. This paper pays special attention to wind and hydroelectric technologies. Typically, wind farms produce more energy during the night (off-peak periods), when the demand is lower, contributing to a reduction of the market price. Hydroelectric power plants use off-peak periods to pump water, and produce energy in the periods of a 24 hour day where the prices of electricity are higher (peak periods). This paper presents a case study aiming at analyzing the behavior of hydroelectric power producers—that is, in power systems with large renewable generation, producers typically use the periods of the day with lower energy prices for pumping, and the other periods (with higher energy prices) to produce electricity. The simulations are performed using MATREM (for Multi-Agent Trading in Electricity Markets). The results confirm (and rebate) the typical behavior of hydroelectric power producers.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationAlgarvio, H... [et.al.] - Hydro-wind balance in daily electricity markets : a case-study. In: De La Prieta F. et al. (eds) Highlights of Practical Applications of Survivable Agents and Multi-Agent Systems. The PAAMS Collection. PAAMS 2019. Communications in Computer and Information Science, 2019, Vol 1047, p. 193-201pt_PT
dc.identifier.doi10.1007/978-3-030-24299-2_16pt_PT
dc.identifier.isbn978-3-030-24298-5
dc.identifier.urihttp://hdl.handle.net/10400.9/3247
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherSpringerpt_PT
dc.relationA Designar
dc.relation.publisherversionhttps://doi.org/10.1007/978-3-030-24299-2_16pt_PT
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/pt_PT
dc.subjectRenewable energy sourcespt_PT
dc.subjectElectricity marketspt_PT
dc.subjectWind powerpt_PT
dc.subjectHydroelectric powerpt_PT
dc.subjectMATREM systempt_PT
dc.titleHydro-wind balance in daily electricity markets : a case-studypt_PT
dc.typeconference object
dspace.entity.typePublication
oaire.awardTitleA Designar
oaire.awardURIinfo:eu-repo/grantAgreement/FCT/5876/UID%2FCEC%2F50021%2F2013/PT
oaire.awardURIinfo:eu-repo/grantAgreement/FCT//PD%2FBD%2F105863%2F2014/PT
oaire.citation.endPage201pt_PT
oaire.citation.startPage193pt_PT
oaire.citation.titleHighlights of Practical Applications of Survivable Agents and Multi-Agent Systems. The PAAMS Collection. PAAMS 2019. Communications in Computer and Information Sciencept_PT
oaire.citation.volume1047pt_PT
oaire.fundingStream5876
person.familyNameLopes
person.givenNameFernando
person.identifier.ciencia-idB01D-304F-6CD3
person.identifier.orcid0000-0002-4129-838X
person.identifier.orcid0000-0002-2967-627X
project.funder.identifierhttp://doi.org/10.13039/501100001871
project.funder.identifierhttp://doi.org/10.13039/501100001871
project.funder.nameFundação para a Ciência e a Tecnologia
project.funder.nameFundação para a Ciência e a Tecnologia
rcaap.rightsopenAccesspt_PT
rcaap.typeconferenceObjectpt_PT
relation.isAuthorOfPublication63bffd90-c233-4ffe-b222-d5b12e31ae33
relation.isAuthorOfPublicationa1153343-c1b9-406e-a83a-30dbee18d6a3
relation.isAuthorOfPublication.latestForDiscovery63bffd90-c233-4ffe-b222-d5b12e31ae33
relation.isProjectOfPublicationf5580b3b-37db-4359-a7eb-ea15fcac259f
relation.isProjectOfPublication127cf85f-a877-4f33-91bd-9f289fe89213
relation.isProjectOfPublication.latestForDiscoveryf5580b3b-37db-4359-a7eb-ea15fcac259f

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