Efficient bidding for hydro power plants in markets for energy and ancillary services

In order to preserve stability of electricity supply generators must provide ancillary services in addition to energy production. Hydroelectric resources have significant ancillary service capability because of their dynamic flexibility. This paper suggests a solution for optimal bidding for hydro u...

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Bibliographic Details
Main Authors: Perekhodtsev, Dmitri, Lave, Lester B.
Other Authors: Massachusetts Institute of Technology. Center for Energy and Environmental Policy Research.
Format: Working Paper
Published: MIT Center for Energy and Environmental Policy Research 2009
Online Access:http://hdl.handle.net/1721.1/45050