A new electricity market design for power systems with large share of hydro: improving flexibility and ensuring efficiency and security in the Brazilian case
Autor(a) principal: | |
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Data de Publicação: | 2015 |
Outros Autores: | , |
Tipo de documento: | Livro |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | https://hdl.handle.net/10216/79685 |
Resumo: | This paper discusses some problems related with the current Brazilian electricity market, brings out some dilemmas that should be examined in order to implement a more market oriented approach, and proposes a new market design to overcome these issues. The proposed market design is based on the concept of energy right accounts as 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 energy resources and maintaining the current security supply level. In addition, in order 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 for the study case. The results show that this new market design is suitable to be applied to hydrothermal systems having a large share of hydros. |
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A new electricity market design for power systems with large share of hydro: improving flexibility and ensuring efficiency and security in the Brazilian caseEngenharia electrotécnica, Engenharia electrotécnica, electrónica e informáticaElectrical engineering, Electrical engineering, Electronic engineering, Information engineeringThis paper discusses some problems related with the current Brazilian electricity market, brings out some dilemmas that should be examined in order to implement a more market oriented approach, and proposes a new market design to overcome these issues. The proposed market design is based on the concept of energy right accounts as 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 energy resources and maintaining the current security supply level. In addition, in order 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 for the study case. The results show that this new market design is suitable to be applied to hydrothermal systems having a large share of hydros.20152015-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/bookapplication/pdfhttps://hdl.handle.net/10216/79685eng10.1109/PTC.2015.7232314Felipe Alves CalabriaJoão Tomé SaraivaAna Paula Rochainfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-11-29T14:50:43Zoai:repositorio-aberto.up.pt:10216/79685Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T00:09:53.371690Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
A new electricity market design for power systems with large share of hydro: improving flexibility and ensuring efficiency and security in the Brazilian case |
title |
A new electricity market design for power systems with large share of hydro: improving flexibility and ensuring efficiency and security in the Brazilian case |
spellingShingle |
A new electricity market design for power systems with large share of hydro: improving flexibility and ensuring efficiency and security in the Brazilian case Felipe Alves Calabria Engenharia electrotécnica, Engenharia electrotécnica, electrónica e informática Electrical engineering, Electrical engineering, Electronic engineering, Information engineering |
title_short |
A new electricity market design for power systems with large share of hydro: improving flexibility and ensuring efficiency and security in the Brazilian case |
title_full |
A new electricity market design for power systems with large share of hydro: improving flexibility and ensuring efficiency and security in the Brazilian case |
title_fullStr |
A new electricity market design for power systems with large share of hydro: improving flexibility and ensuring efficiency and security in the Brazilian case |
title_full_unstemmed |
A new electricity market design for power systems with large share of hydro: improving flexibility and ensuring efficiency and security in the Brazilian case |
title_sort |
A new electricity market design for power systems with large share of hydro: improving flexibility and ensuring efficiency and security in the Brazilian case |
author |
Felipe Alves Calabria |
author_facet |
Felipe Alves Calabria João Tomé Saraiva Ana Paula Rocha |
author_role |
author |
author2 |
João Tomé Saraiva Ana Paula Rocha |
author2_role |
author author |
dc.contributor.author.fl_str_mv |
Felipe Alves Calabria João Tomé Saraiva Ana Paula Rocha |
dc.subject.por.fl_str_mv |
Engenharia electrotécnica, Engenharia electrotécnica, electrónica e informática Electrical engineering, Electrical engineering, Electronic engineering, Information engineering |
topic |
Engenharia electrotécnica, Engenharia electrotécnica, electrónica e informática Electrical engineering, Electrical engineering, Electronic engineering, Information engineering |
description |
This paper discusses some problems related with the current Brazilian electricity market, brings out some dilemmas that should be examined in order to implement a more market oriented approach, and proposes a new market design to overcome these issues. The proposed market design is based on the concept of energy right accounts as 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 energy resources and maintaining the current security supply level. In addition, in order 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 for the study case. The results show that this new market design is suitable to be applied to hydrothermal systems having a large share of hydros. |
publishDate |
2015 |
dc.date.none.fl_str_mv |
2015 2015-01-01T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/book |
format |
book |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://hdl.handle.net/10216/79685 |
url |
https://hdl.handle.net/10216/79685 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
10.1109/PTC.2015.7232314 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
repository.mail.fl_str_mv |
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1799136023831117824 |