Modelling Alternative Energy in the Electricity Market

In this thesis, we try to analyse the consequences to the electricity market when we try to introduce wind farms. We start by following [1], considering a large number of fuel-fired power plants bidding according to a Ornstein-Uhlenbeck process and building a bid-stack curve from these. To introduc...

Полное описание

Библиографические подробности
Главный автор: Pereira Simoes Matos, G
Формат: Диссертация
Опубликовано: Oxford University;Mathematical Institute 2013