A virtual reservoir electricity market design applied to the Brazilian system using an Agent Based Model

• Tipo: Artigo em Livro de Atas de Conferência Internacional
• Data: 2015

Autores

Felipe Alves Calabria (Autor) FEUP; João Tomé Saraiva (Autor) FEUP; Ana Paula Rocha (Autor) FEUP

Ata de Conferência Internacional

Título: EEM 2015

Páginas: 1-5

12th International Conference on the European Energy Market

Lisboa, 19 a 22 de Maio de 2015

Indexação

ISI Proceedings

ISI Web of Knowledge - 0 Citações

ISI Web of Science

Scopus - 5 Citações

INSPEC

Classificação Científica

FOS: Ciências da engenharia e tecnologias > Engenharia electrotécnica, electrónica e informática

CORDIS: Ciências Tecnológicas > Engenharia > Engenharia electrotécnica

Outras Informações

ID Authenticus: P-00K-Q9X

DOI: 10.1109/EEM.2015.7216617

Abstract (EN): This paper discusses the current Brazilian electricity market, brings out some dilemmas that should be examined in order to implement a more market-oriented approach, and describes a new market design to overcome these issues. The proposed market design is based on virtual reservoirs and aims at enhancing the flexibility to enable market participants to comply with their contracts, while still ensuring the efficient use of the water and maintaining the current level of the security of supply. In addition, to simulate the behavior of the market participants in this new framework, an Agent-Based Model - ABM where agents use reinforcement Q-Learning - is developed and applied to a case study that includes a centralized dispatch as currently exists in Brazil. The results obtained so far show that this new design is suitable to allow hydros managing their commercial contract commitments with extra flexibility.

Idioma: Inglês

Tipo (Avaliação Docente): Científica

Nº de páginas: 5