Competitive Behavior of Hydroelectric Power Plants under Uncertainty in Spot Market

Competitive Behavior of Hydroelectric Power Plants under Uncertainty in Spot Market

This article aims to analyze agents’ behavior in a competitive hydrothermal energy market. The idea is to investigate how much the day-to-day behavior of the market can be different from the predictions presented by cost-based models because of the risk perception of each agent (hydroelectric energy...

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Bibliographic Details
Main Authors: Marcelle Caroline Thimotheo de Brito, Amaro O. Pereira Junior, Mario Veiga Ferraz Pereira, Julio César Cahuano Simba, Sergio Granville
Format: Article
Language:English
Published: MDPI AG 2022-10-01
Series:Energies
Subjects:
game theory
optimal bid
competitive energy market
hydrothermal system
risk perception
risk profile
Online Access:https://www.mdpi.com/1996-1073/15/19/7336

Internet

https://www.mdpi.com/1996-1073/15/19/7336

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