The Resource Enhancing flexibility and ensuring efficiency and security : improving the electricity market in Brazil via a virtual reservoir model, Felipe A. Calabria, J. Tomé Saraiva, Jean-Michel Glachant

Enhancing flexibility and ensuring efficiency and security : improving the electricity market in Brazil via a virtual reservoir model, Felipe A. Calabria, J. Tomé Saraiva, Jean-Michel Glachant

Label
Enhancing flexibility and ensuring efficiency and security : improving the electricity market in Brazil via a virtual reservoir model
Title
Enhancing flexibility and ensuring efficiency and security
Title remainder
improving the electricity market in Brazil via a virtual reservoir model
Statement of responsibility
Felipe A. Calabria, J. Tomé Saraiva, Jean-Michel Glachant
Creator
Contributor
Author
Subject
Language
eng
Summary
The Brazilian electricity market has certain particularities that contribute to considerably distinguish it from other markets. With a continental interconnected transmission system in which around 70% of the total installed capacity comes from hydropower plants, this electricity market recently passed through two large institutional reforms and it currently contains a number of special features together with other usual market instruments. Nevertheless, the conciliation between the commercial commitments of the market participants and the physical dispatch is not smooth. Moreover, the Brazilian short-term market is a mechanism to settle differences rather than a market, and the electricity short-term market price and the schedule dispatch are not determined through the interaction between market participants. This paper focuses on these problems, discusses some dilemmas that have to be faced if a more conventional market oriented approach is to be adopted, and proposes a solution in order to address these issues. Pointing towards the enhancing of the flexibility for market participants to bear their contracts, while still ensuring the efficient use of the energy resources and maintaining the current level of the security of supply, this new framework was designed based on a virtual reservoir model
Member of
Cataloging source
IT-FiEUI
http://library.link/vocab/creatorName
Calabria, Felipe A
Index
no index present
Literary form
non fiction
http://library.link/vocab/relatedWorkOrContributorName
  • Saraiva, Tomé J
  • Glachant, Jean-Michel
  • Robert Schuman Centre
Series statement
  • EUI working papers. RSC
  • EUI papers
  • Florence School of Regulation
Series volume
2014/85
http://library.link/vocab/subjectName
  • Electricity
  • Energy policy
Label
Enhancing flexibility and ensuring efficiency and security : improving the electricity market in Brazil via a virtual reservoir model, Felipe A. Calabria, J. Tomé Saraiva, Jean-Michel Glachant
Link
http://hdl.handle.net/1814/32457
Instantiates
Publication
Note
Subject: Brazilian electricity market; Market design; Virtual reservoir model
Bibliography note
Includes bibliographical references
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier.
Content category
text
Content type code
txt
Content type MARC source
rdacontent.
Control code
FIEb17609628
Dimensions
30 cm.
Extent
16 pages
Media category
unmediated
Media MARC source
rdamedia.
Media type code
n
System control number
(OCoLC)993116282
Label
Enhancing flexibility and ensuring efficiency and security : improving the electricity market in Brazil via a virtual reservoir model, Felipe A. Calabria, J. Tomé Saraiva, Jean-Michel Glachant
Link
http://hdl.handle.net/1814/32457
Publication
Note
Subject: Brazilian electricity market; Market design; Virtual reservoir model
Bibliography note
Includes bibliographical references
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier.
Content category
text
Content type code
txt
Content type MARC source
rdacontent.
Control code
FIEb17609628
Dimensions
30 cm.
Extent
16 pages
Media category
unmediated
Media MARC source
rdamedia.
Media type code
n
System control number
(OCoLC)993116282

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