Now showing items 1-16 of 16

    • Allocation of firm-energy rights among hydro agents using cooperative game theory: an Aumann-Shapley approach 

      Faria, Eduardo S.J.; Granville, Sergio; Veiga Pereira, Mario (01/05/2009)
      The firm energy of generation plants is a critical component in some electricity markets. It is usually calculated by the regulator and sets a cap to the amount a plant can trade in capacity markets (or auctions), in order ...
    • An Aumann-Shapley approach to allocate transmission service cost among network users in electricity markets 

      Junqueira, Max; Costa, Luiz Carlos da; Nobrega Barroso, Luiz Augusto; Oliveira, Gerson C.; Thomé, Luiz Mauricio; Veiga Pereira, Mario (01/11/2007)
      This work presents a new methodology for the allocation of transmission service cost among network users in energy markets. The proposed method is based on an optimization/game-theoretic framework (Aumann-Shapley) that ...
    • Balance of power 

      Valenzuela Mocarquer, Luis Sebastian; Nobrega Barroso, Luiz Augusto; Rudnick, Hugh; Bezerra, Bernardo Vieira; Veiga Pereira, Mario (01/09/2009)
      This paper discusses the challenges in the procurement of electricity. The primary challenge faced by the countries in Latin America is to ensure sufficient capacity and investment to reliably serve their growing economies. ...
    • Bid-based dispatch of hydrothermal systems in competitive markets 

      Lino, Priscila Rochinha; Nobrega Barroso, Luiz Augusto; Veiga Pereira, Mario; Kelman, Rafael; Fampa, Márcia Helena C. (01/04/2003)
      The objective of this work is to investigate possible hydro-scheduling inefficiencies under a bidding scheme. It will be shown that the market-based dispatch of hydro-plants, under a perfect competitive market, converges ...
    • Bidding strategies with fuel supply uncertainty in auctions of long-term energy call options 

      Bezerra, Bernardo Vieira; Nobrega Barroso, Luiz Augusto; Veiga Pereira, Mario (01/05/2011)
      This work develops a stochastic optimization model for the creation of a bidding strategy for a generator in an energy call option auction similar to Brazil's, i.e., where the bidder can offer both the premium and the ...
    • Can Brazil learn from California? 

      Nobrega Barroso, Luiz Augusto; Veiga Pereira, Mario; Kelman, Rafael; Lino, Priscila Rochinha; Rosenblatt, José (01/08/2002)
      Most countries that have recently reformed their energy sectors are looking carefully at California. An unprecedented electric power deficit has affected one of the main economies of the world, threatening to bankrupt two ...
    • Long-term optimal allocation of hydro generation for a price-maker company in a competitive market: latest developments and a stochastic dual dynamic programming approach 

      Flach, Bruno C.; Nobrega Barroso, Luiz Augusto; Veiga Pereira, Mario (01/02/2010)
      Since the liberalisation of the power industry, there has been a large amount of literature on the determination of optimal bidding decisions for price-maker energy producers. The vast majority of the work developed so far ...
    • Market power assessment and mitigation in hydrothermal systems 

      Kelman, Rafael; Nobrega Barroso, Luiz Augusto; Veiga Pereira, Mario (01/08/2001)
      The objective of this work is to investigate market power issues in bid-based hydrothermal scheduling. Initially, market power is simulated with a single stage Nash-Cournot equilibrium model. Market power assessment for ...
    • Market power issues in bid-based hydrothermal dispatch 

      Nobrega Barroso, Luiz Augusto; Fampa, Márcia Helena C.; Kelman, Rafael; Veiga Pereira, Mario; Lino, Priscila Rochinha (01/11/2002)
      The objective of this work is to investigate market power issues in bid-based hydrothermal scheduling. Initially, market power was simulated with a single stage Cournot-Nash equilibrium model. In this static model the ...
    • Nash equilibrium in strategic bidding: a binary expansion approach 

      Nobrega Barroso, Luiz Augusto; Carneiro, Rafael Dix; Granville, Sergio; Veiga Pereira, Mario; Fampa, Márcia Helena C. (01/05/2006)
      This paper presents a mixed integer linear programming solution approach for the equilibrium problem with equilibrium constraints (EPEC) problem of finding the Nash equilibrium (NE) in strategic bidding in short-term ...
    • Offering strategies and simulation of multi items dynamic auctions of energy contracts 

      Nobrega Barroso, Luiz Augusto; Street, Alexandre; Granville, Sergio; Veiga Pereira, Mario (01/11/2011)
      The objective of this work is threefold. We firstly present an optimization model for a price-taker hydrothermal generation company (Genco) to devise bidding strategies in multi-item iterative auctions of long-term contracts. ...
    • Planning for big things in Brazil 

      Nobrega Barroso, Luiz Augusto; Porrua, Fernando; Thomé, Luiz Mauricio; Veiga Pereira, Mario (01/09/2007)
      This paper discusses the planning and building of large-scale transmission networks in competitive hydrothermal systems. The business model for transmission expansion in Brazil relies on a combination of planning and ...
    • Pricing flexible natural gas supply contracts under uncertainty in hydrothermal markets 

      Street, Alexandre; Nobrega Barroso, Luiz Augusto; Chabar, Raphael M.; Mendes, André T. S.; Veiga Pereira, Mario (01/08/2008)
      The worldwide development of the natural gas industry resulted in an integration process between electrical and gas sectors in several countries. In Brazil, this process has been taking place in a consistent manner, ...
    • Risk constrained portfolio selection of renewable sources in hydrothermal electricity markets 

      Street, Alexandre; Nobrega Barroso, Luiz Augusto; Flach, Bruno C.; Granville, Sergio; Veiga Pereira, Mario (01/08/2009)
      Renewable sources have recently emerged as a generation option for many countries in order to promote clean energy development. In the case of Brazil, small hydro plants and cogeneration from sugarcane waste (bagasse) have ...
    • Stochastic long-term hydrothermal scheduling with parameter uncertainty in autoregressive streamflow models 

      Bezerra, Bernardo Vieira; Veiga, Alvaro; Nobrega Barroso, Luiz Augusto; Veiga Pereira, Mario (01/03/2017)
      The optimal scheduling of hydrothermal systems requires the representation of uncertainties in future streamflows to devise a cost-effective operations policy. Stochastic optimization has been widely used as a powerful ...
    • Strategic bidding under uncertainty: a binary expansion approach 

      Veiga Pereira, Mario; Granville, Sergio; Fampa, Márcia Helena C.; Carneiro, Rafael Dix; Nobrega Barroso, Luiz Augusto (01/02/2005)
      This work presents a binary expansion (BE) solution approach to the problem of strategic bidding under uncertainty in short-term electricity markets. The BE scheme is used to transform the products of variables in the ...