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Variable renewable energy and market design: new products and a real-world study

2019Artigo científico Acesso aberto
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dc.contributor.authorAlgarvio, Hugo
dc.contributor.authorLopes, Fernando
dc.contributor.authorCouto, António
dc.contributor.authorEstanqueiro, Ana
dc.contributor.authorSantana, João
dc.date.accessioned2020-03-27T13:03:34Z
dc.date.available2020-03-27T13:03:34Z
dc.date.issued2019
dc.description.abstractABSTRACT: Most existing energy markets (EMs) were not designed to take into account an active participation of variable renewable energy (VRE). This situation results typically in imbalances and substantial costs in balancing markets. Such costs are reflected both in the energy and the VRE parts of the consumer tariffs. Both appropriate market products and new elements of market design may largely facilitate the large-scale integration of VRE in EMs. Accordingly, this article presents a new bilateral energy contract and introduces two new marketplaces that can contribute to reduce the imbalances resulting from VRE producers. It also presents a study conducted with the help of an agent-based tool, called MATREM. The results indicate a significant decrease in the imbalances and the associated costs.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationAlgarvio, Hugo... [et.al.] - Variable renewable energy and market design: new products and a real-world study. In: Energies, 2019, Vol. 12, article nº 4576pt_PT
dc.identifier.doi10.3390/en12234576pt_PT
dc.identifier.issn1996-1073
dc.identifier.urihttp://hdl.handle.net/10400.9/3208
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherMDPIpt_PT
dc.relationA Designar
dc.relation.publisherversionhttps://doi.org/10.3390/en12234576pt_PT
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/pt_PT
dc.subjectElectricity marketspt_PT
dc.subjectAgent-based modelingpt_PT
dc.subjectMATREM systempt_PT
dc.subjectRenewable energiespt_PT
dc.subjectIntegrationpt_PT
dc.titleVariable renewable energy and market design: new products and a real-world 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.familyNameLopes
person.familyNameCouto
person.familyNameEstanqueiro
person.givenNameFernando
person.givenNameAntónio
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.orcid0000-0002-2967-627X
person.identifier.orcid0000-0002-7368-8817
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.isAuthorOfPublication.latestForDiscovery63bffd90-c233-4ffe-b222-d5b12e31ae33
relation.isProjectOfPublication127cf85f-a877-4f33-91bd-9f289fe89213
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