Demand response, market design and risk: A literature review

• Tipo: Outra Publicação em Revista Científica Internacional
• Data: 2020-10

Autores

Isabel Soares (Autor) FEP; Joana Sousa (Autor) Outra

Revista

Título: Utilities Policy

Vol. 66 Nº Article number 101083

ISSN: 0957-1787

Editora: Elsevier

Indexação

ISI Web of Knowledge - 11 Citações

Scopus - 11 Citações

Outras Informações

ID Authenticus: P-00S-ER5

DOI: 10.1016/j.jup.2020.101083

Abstract (EN): Different market designs may create distortions on spot pricing equilibrium, thus providing different signals for market agents and investment decisions on new generation assets. Also, demand flexibility market value may differ according to market characteristics. This paper aims to study the demand response (DR) - market design risk nexus. According to our findings, despite the design differences among MIBEL, EEX and Nord Pool, some variables are common to all while those associated with risk premia might differ. This is due to the mismatch between the specific market structure characteristics and premises, particularly in what concerns the supply generation portfolio composition in the day-ahead markets.

Idioma: Inglês

Tipo (Avaliação Docente): Científica

Nº de páginas: 11