Strategic Operation of Hydroelectric Power Plants in Energy Markets: A Model and a Study on the Hydro-Wind Balance

The European Union defined ambitious targets for the production of energy from renewable energy sources. Most European markets trade now high levels of variable renewable energy (VRE). Renewable generation increases the variability and uncertainty of the net-load (i.e., demand minus VRE). To a large...

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Bibliographic Details
Main Authors: Hugo Algarvio, Fernando Lopes, João Santana
Format: Article
Language:English
Published: MDPI AG 2020-11-01
Series:Fluids
Subjects:
Online Access:https://www.mdpi.com/2311-5521/5/4/209