Logo do repositório
 
Publicação

Assessing the Market Value of Power Forecasting of Hybrid Power Plants in the Iberian Electricity Market

2026-06Comunicação em conferência Acesso aberto
Ver registo simples
datacite.subject.fosEngenharia e Tecnologia::Engenharia Eletrotécnica, Eletrónica e Informática
datacite.subject.fosEngenharia e Tecnologia::Engenharia Mecânica
datacite.subject.fosEngenharia e Tecnologia::Outras Engenharias e Tecnologias
datacite.subject.sdg07:Energias Renováveis e Acessíveis
datacite.subject.sdg11:Cidades e Comunidades Sustentáveis
datacite.subject.sdg13:Ação Climática
dc.contributor.authorCouto, António
dc.contributor.authorGraça, Pedro
dc.contributor.authorSousa, Vivian
dc.contributor.authorEstanqueiro, Ana
dc.date.accessioned2026-09-16T11:06:17Z
dc.date.available2026-09-16T11:06:17Z
dc.date.issued2026-06
dc.description.abstractABSTRACT: This study evaluates the technical and economic performance of wind power plants hybridised with solar photovoltaic (PV) under two 2030 Iberian electricity market scenarios dominated by renewable energy, developed within the Man0EUvRE project. A power forecasting model was optimised to maximise their market value, considering participation in both day-ahead and balancing markets. Compared to wind-only power plants, hybridisation improves forecast accuracy due to the complementary generation profiles of wind and solar PV. As a result, revenue losses due to imbalance penalties decrease by 1528%, enabling the prices captured to increase by up to 6%. The hybrid configurations also achieved the highest market remuneration. However, as the share of low marginal cost technologies increases in the electricity markets, captured prices are expected to decline. These results demonstrate the benefits of hybridising the existing wind power plants, which can provide a short-term and efficient solution to support the ambitious European decarbonisation targets while enhancing both operational performance and their market value.eng
dc.identifier.citationCouto, A., Graça, P., Sousa, V., & Estanqueiro, A. (2026). Assessing the Market Value of Power Forecasting of Hybrid Power Plants in the Iberian Electricity Market. In: 22nd International Conference on the European Energy Market (EEM2026), Trondheim, Norway, 22–24 June, 2026, pp. 1-6. https://doi.org/10.1109/EEM68581.2026.11589605
dc.identifier.doi10.1109/EEM68581.2026.11589605
dc.identifier.isbn979-8-3195-3554-2
dc.identifier.urihttp://hdl.handle.net/10400.9/6459
dc.language.isoeng
dc.peerreviewedyes
dc.publisherIEEE
dc.relationClean Energy Transition Partnership
dc.relationEnergy System Modelling for Transition to a net-Zero 2050 for EU via REPowerEU
dc.relation.hasversionhttps://ieeexplore.ieee.org/document/11589605
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/
dc.subjectRenewable energy
dc.subjectBalancing markets
dc.subjectIberian electricity market
dc.subjectHybrid renewable power plants
dc.subjectPower forecast
dc.titleAssessing the Market Value of Power Forecasting of Hybrid Power Plants in the Iberian Electricity Marketeng
dc.typeconference paper
dspace.entity.typePublication
oaire.awardNumber101069750
oaire.awardNumberCETP/0001/2022
oaire.awardTitleClean Energy Transition Partnership
oaire.awardTitleEnergy System Modelling for Transition to a net-Zero 2050 for EU via REPowerEU
oaire.awardURIhttp://hdl.handle.net/10400.9/6260
oaire.awardURIhttp://hdl.handle.net/10400.9/6457
oaire.citation.conferenceDate2026-06-22
oaire.citation.conferencePlaceTrondheim, Norway
oaire.citation.title22nd International Conference on the European Energy Market (EEM2026)
oaire.fundingStreamHORIZON Programme Cofund Actions
oaire.fundingStreamCETP Concurso Transnacional Conjunto 2022
oaire.versionhttp://purl.org/coar/version/c_970fb48d4fbd8a85
person.familyNameCouto
person.familyNameEstanqueiro
person.givenNameAntónio
person.givenNameAna
person.identifier.ciencia-id2619-80A1-A8AC
person.identifier.ciencia-id7F11-A24D-EE81
person.identifier.orcid0000-0002-7368-8817
person.identifier.orcid0000-0002-0476-2526
person.identifier.ridJ-9752-2012
person.identifier.scopus-author-id19336967700
relation.isAuthorOfPublicationa0c5b011-98c5-49d3-9ac6-ddfb6027f500
relation.isAuthorOfPublication20aa31b3-fa3c-42b7-82a4-e6b91c017f9c
relation.isAuthorOfPublication.latestForDiscoverya0c5b011-98c5-49d3-9ac6-ddfb6027f500
relation.isProjectOfPublicatione65edd94-a129-4779-862e-c739f1fd082b
relation.isProjectOfPublication9ec651cd-71c4-4df5-b083-782583a0f2f5
relation.isProjectOfPublication.latestForDiscoverye65edd94-a129-4779-862e-c739f1fd082b

Ficheiros

Principais
A mostrar 1 - 1 de 1
Miniatura
Nome:
EEM2026_Assessing the Market Value of Power.pdf
Tamanho:
348.67 KB
Formato:
Adobe Portable Document Format
Ver/Abrir
Licença
A mostrar 1 - 1 de 1
Miniatura indisponível
Nome:
license.txt
Tamanho:
4.03 KB
Formato:
Item-specific license agreed upon to submission
Descrição:
Ver/Abrir

Coleções

ISE - Comunicações em actas de encontros científicos internacionais