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Thermal plant bids and market clearing in an electricity pool. Minimization of costs vs. minimization of consumer payments
Alonso Pérez, Javier; Trías, A.; Gaitan, V.; Alba Ríos, Juan José (1999-11-01)The Spanish wholesale electricity market started on January 1st 1998. Though it is based on simple pricequantity bids, it incorporates some provisions to take thermal plant running requirements into account. This paper ...