Optimal electricity market bidding strategies considering emission allowances
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hdl:2117/18691
Tipus de documentText en actes de congrés
Data publicació2012
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Reconeixement-NoComercial-SenseObraDerivada 3.0 Espanya
Abstract
There are many factors that influence the day-ahead
market bidding strategies of a GenCo in the current energy
market framework. In this work we study the influence of
both the allowances and emission reduction plan and the in-
corporation of the derivatives medium-term commitments in the
optimal generation bidding strategy to the day-ahead electricity
market. Two different technologies have been considered: the
coal thermal units, high-emission technology, and the combined
cycle gas turbine units, low-emission technology. The operational
characteristics of both kinds of units are modeled in detail. We
deal with this problem in the framework of the Iberian Electricity
Market and the Spanish National Emissions and Allocation
Plans. The economic implications for a GenCo of including the
environmental restrictions of these National Plans are analyzed
CitacióCorchero, C.; Heredia, F.; Cifuentes, J. Optimal electricity market bidding strategies considering emission allowances. A: International Conference on the European Energy Market. "9th International Conference on the European Energy Market, EEM 12". 2012, p. 1-8.
ISBN978-146730832-8
Versió de l'editorhttp://dx.doi.org/10.1109/EEM.2012.6254676
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CorcheroHerediaCifuentes_EEM12_2012.pdf | Versió de l'autor de l'article publicat per l'IEEE | 336,8Kb | Visualitza/Obre |