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dc.contributor.authorUgedo Álvarez-Ossorio, Alejandroes-ES
dc.contributor.authorLobato Miguélez, Enriquees-ES
dc.contributor.authorFranco Ugidos, Álvaroes-ES
dc.contributor.authorRouco Rodríguez, Luises-ES
dc.contributor.authorFernández Caro, Joaquínes-ES
dc.contributor.authorChofre Álvarez, Javieres-ES
dc.date.accessioned2016-05-23T03:06:43Z
dc.date.available2016-05-23T03:06:43Z
dc.date.issued01/07/2006es_ES
dc.identifier.issn1350-2360es_ES
dc.identifier.urihttp://hdl.handle.net/11531/7743
dc.descriptionArtículos en revistases_ES
dc.description.abstractes-ES
dc.description.abstractWholesale electricity markets can be organised into different types of markets—energy markets and ancillary services markets—that are cleared sequentially. The paper proposes a stochastic-optimisation model to obtain the distribution of the electricity resources of a generation firm among the different sequential markets within a wholesale electricity market. Market power is modelled by linear approximations of the residual-demand curves. In addition, the model obtains the bid curves of a generation firm that are submitted for every hourly period of each market comprising the sequence. A methodology to estimate the stochastic residual-demand curves for every hour of each market based on decision trees has been designed. The model has been developed for a Spanish utility to operate in the Spanish electricity market. A case study illustrates the performance of the proposed model.en-GB
dc.language.isoen-GBes_ES
dc.rightses_ES
dc.rights.uries_ES
dc.sourceRevista: IEE Proceedings-Generation Transmission and Distribution, Periodo: 1, Volumen: 153, Número: 4, Página inicial: 431, Página final: 442es_ES
dc.titleStrategic bidding in sequential electricity marketses_ES
dc.typeinfo:eu-repo/semantics/articlees_ES
dc.description.versioninfo:eu-repo/semantics/publishedVersiones_ES
dc.rights.accessRightsinfo:eu-repo/semantics/restrictedAccesses_ES
dc.keywordses-ES
dc.keywordsStrategic bidding; wholesale electricity market; stochastic-optimisation model; electricity resource distribution; power generation firm; linear approen-GB


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