Nowadays, the changing paradigm in power systems highlights the necessity of improving detail in energy models. The deployment of non-dispatchable renewable energy resources that regulators traditionally promoted, like the ...

Wind power plants have gained prominence in recent decades owing to their positive environmental and economic impact. However, the unpredictability of wind resources poses significant challenges to the secure and stable ...

Nowadays, electricity market paradigms are constantly changing. On the one hand, the deployment of non-dispatchable renewable energy sources is bringing out the necessity of representing hourly dynamics in medium-term ...

The work presented in this article proposes an original method that models the medium-term market equilibrium under imperfect competition circumstances in multi-area electricity systems. It provides a system analysis ...

Natural gas is expected to play a key role in the energy system of the next decade since it is one of the mainstays of global energy and can still replace more polluting fuels. At the same time, many countries’ dependence ...

This paper presents an efficient approach for computing medium-term market equilibrium models under non-perfect competition, with a focus on multi-area systems, with multiple market splitting options. In accordance to the ...