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 ...

Under 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 ...

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 ...

Environmental policies could accelerate the replacement of Internal Combustion Engine Vehicles (ICEV) by Plug-in-Electric Vehicles (PEV) in many countries. However, in countries where these policies are still not implemented ...

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 ...

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 ...

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, ...

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 ...

Electricity markets based on simple bids provide a very high degree of transparency and simplicity. However, simple bids fail to capture many well-known characteristics of generating units and, therefore, the responsibility ...

Long term electricity markets models tend to use simplified representations of both the demand and the generation units, to reduce the amount of input data and decision variables used, and also to decrease their execution ...