The objective of this work is to investigate market power issues in bid- based hydrothermal scheduling. Initially, market power is simulated with a single stage Nash-Cournot equilibrium model. Market power assessment for multiple stages is then carried through a stochastic dynamic programming...

El objetivo del presente estudio es, en primer lugar, introducir el estado actual del marco normativo e institucional vigente para la promoción de recursos energéticos renovables, tanto convencionales (RERC, es decir, grandes centrales hidráulicas), como no convencionales (RER, es decir,...

This paper considers the design and performance of auction mechanisms used to deploy renewable energy in three emerging economies: Brazil, China, and India. The analysis focuses on the countries'experience in various dimensions, including price reductions, bidding dynamics, coordination with...

El objetivo del presente estudio es, en primer lugar, introducir el estado actual del marco normativo e institucional vigente para la promoción de recursos energéticos renovables, tanto convencionales (RERC, es decir, grandes centrales hidráulicas), como no convencionales (RER, es decir,...

This paper aims at resolving a major obstacle to practical usage of time-consistent risk-averse decision models. The recursive objective function, generally used to ensure time consistency, is complex and has no clear/direct interpretation. Practitioners rather choose a simpler and more...