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A comparative analysis of Cournot equilibrium and cost minimization models for electricity and hydrogen integration
Herrero Rozas, Luis Alberto; Campos Fernández, Francisco Alberto; Villar Collado, JoséThe relationship between hydrogen and electricity has gained attention due to their interconnected roles in the energy transition. Existing joint electricity and hydrogen market models often overlook the dependence between ... -
A conjectural supply function equilibrium in energy and reserve for a weekly horizon
González Gascón y Marín, Pablo; Villar Collado, José; Díaz Duran, Cristian; Campos Fernández, Francisco Alberto (Instituto Superior de Engenharia de Lisboa (Lisboa, Portugal), 20/05/2015)Despite the fact that reserves still have a small impact on the final electricity price, the rapid irruption of renewable and interruptible technologies has put in the spotlight the value of these services. It seems therefore ... -
A Cournot joint equilibrium model for the medium-term hydrogen and electricity markets
Herrero Rozas, Luis Alberto; Campos Fernández, Francisco Alberto; Villar Collado, JoséHydrogen has the potential to play a significant role in the energy transition, helping, on the one hand, to decarbonize hard-to-abate sectors such as the energy industry and, on the other hand, as a further alternative ... -
A goal programming model for rescheduling of generation power in deregulated markets
Centeno Hernáez, Efraim; Vitoriano Villanueva, Begoña; Campos Fernández, Francisco Alberto; Muñoz San Roque, Antonio; Villar Collado, José; Sánchez Ubeda, Eugenio Francisco (2003-04-01)In deregulated electrical systems, production schedule for power plants is the result of an auction process. In the Spanish case, this schedule includes two main concepts: energy production (to be actually produced) and ... -
A grid cost recovery bilevel model with centralized and after-the-meter distributed electricity generation
Doménech Martínez, Salvador; Campos Fernández, Francisco Alberto; Villar Collado, José; Rivier Abbad, Michel LuisUnder the expected decarbonization of the power system (where high voltage network use is diminished due to the expected increase of self-satisfied DG), the economical sustainability of the electrical grid activities might ... -
A new algorithm to compute conjectured supply function equilibrium in electricity markets
Díaz Duran, Cristian; Villar Collado, José; Campos Fernández, Francisco Alberto; Rodríguez García, Miguel Angel (2011-02-01)Several types of market equilibria approaches, such as Cournot, Conjectural Variation (CVE), Supply Function (SFE) or Conjectured Supply Function (CSFE) have been used to model electricity markets for the medium and long ... -
A rational multiparty information exchange model using extensive games
Campos Fernández, Francisco Alberto; Pham, Viet (Ecole Royale Militaire; Institut Royal Supérieur de Défense (Bruselas, Bélgica), 23/05/2016)It is well known that excessive intelligence is mandatory in military procedures, in companies to know about competitors, as well as in markets to decide where to invest in. However, this information is not always fully ... -
A rational multiparty information exchange model using extensive games
Campos Fernández, Francisco Alberto; Pham, VietIt is well known that excessive intelligence is mandatory in military procedures, in companies to know about competitors, as well as in markets to decide where to invest in. However, this information is not always fully ... -
A reinforcement learning approach to explore the role of social expectations in altruistic behavior
Castañón Naseiro, Rosendo Daniel; Campos Fernández, Francisco Alberto; Villar Collado, José; Sánchez Sánchez, Angel (2023-12-01)While altruism has been studied from a variety of standpoints, none of them has proven sufficient to explain the richness of nuances detected in experimentally observed altruistic behavior. On the other hand, the recent ... -
A reinforcement learning approach to explore the role of social expectations in altruistic behavior
Castañón Naseiro, Rosendo Daniel; Campos Fernández, Francisco Alberto; Villar Collado, José; Sánchez Sánchez, Angel (31/01/2023)While altruism has been studied from a variety of standpoints, none of them has proven sufficient to explain the richness of nuances detected in experimentally observed altruistic behavior. On the other hand, the recent ... -
An altruism model based on social norms and reinforced learning
Castañón Naseiro, Rosendo Daniel; Sánchez Sánchez, Angel; Campos Fernández, Francisco Alberto; Villar Collado, José -
An analysis of the MIBEL green hydrogen roadmap using mathematical programming
Fernández Palomino, Luis Jesús; Herrero Rozas, Luis Alberto; Campos Fernández, Francisco Alberto; Centeno Hernáez, Efraim (2023-05-12)Decreasing greenhouse gas emissions plays a crucial role in the Europe energy transition and the production of hydrogen using electricity from renewable sources (green H2) contributes significantly to this objective. As ... -
An equilibrium approach for modeling centralized and behind-the-meter distributed generation expansion
Doménech Martínez, Salvador; Campos Fernández, Francisco Alberto; Villar Collado, José; Rivier Abbad, Michel Luis (2020-07-01)Power systems will face important structural changes in the near future due to the empowerment of consumers, who may resort on self-consumption, and reduce their purchases of electricity from the grid. The avoided costs ... -
An equilibrium approach for modeling centralized and distributed generation expansion planning
Doménech Martínez, Salvador; Campos Fernández, Francisco Alberto; Villar Collado, José; Rivier Abbad, Michel LuisThis paper proposes an equilibrium approach for modeling the centralized and distributed generation (CG and DG respectively) expansion planning, by representing the operation and investments decisions of both the traditional ... -
An integrated view of P2P energy markets models
de Lorenzo García, Cristina; Campos Fernández, Francisco Alberto; Villar Collado, José; Doménech Martínez, SalvadorExtensive literature is available for modeling local P2P energy markets. Most mathematical models to represent these markets solve the problem using either a pricing mechanism to determine the price at which participants ... -
Annualization of renewable investment costs for finite horizon electricity pricing and cost recovery
Campos Fernández, Francisco Alberto; Villar Collado, José; Centeno Hernáez, Efraim (2021-02-02)The increasing penetration of renewable electricity generation is complicating the bidding and estimating processes of electricity prices, partly due to the shift of the overall cost sensitivity from operation (fuel) costs ... -
Application of possibility theory to robust Cournot equilibriums in electricity market
Campos Fernández, Francisco Alberto; Villar Collado, José; Barquín Gil, Julián (2005-10-01)It is known that Cournot game theory has been one of the theoretical approaches used more often to model electricity market behavior. Nevertheless, this approach is highly influenced by the residual demand curves of the ... -
Batteries ageing impact on economic medium-term dispatch models of electricity generation
Domínguez Larre, Teresa; Herrero Rozas, Luis Alberto; Campos Fernández, Francisco AlbertoThe rising interest in energy storage systems (EES), due to their ability to mitigate power fluctuations, enhance system flexibility and improve the reliability of variable renewable technologies. However, this interest ... -
Bi-level optimization of electricity tariffs and PV distributed generation investments
Cervilla Mateu, Carles; Villar Collado, José; Campos Fernández, Francisco Alberto (Instituto Superior de Engenharia de Lisboa (Lisboa, Portugal), 20/05/2015)Distributed Generation (DG) is providing end consumers the possibility to satisfy part of their electricity consumption by using their own small-scale power generators. To regulate DG, new regulation schemes are needed, ... -
Combined penetration of wind and solar generation with plug-in electric vehicles
Villar Collado, José; Salas Díaz, Enrique; Campos Fernández, Francisco Alberto (27/12/2016)Combining large penetration of wind and solar generation with Plug-in Electric Vehicles (PEVs) seems a promising solution for energy cost saving and emissions reduction. PEVs connected to the grid with smart charging ...