Participation of wind power producers in intra-day markets: a case-study

Tomás Rocha, Hugo Algarvio, Fernando Lopes, Anabela Pronto, João Santana, João Santana

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

The evolution of renewable energy has increased substantially over the past decade. Wind power producers (WPPs) can submit bids to energy markets, making short-term commitments to produce specific quantities of energy. This article presents a case-study to analyze the benefits of the active participation of wind power producers in energy markets, particularly intra-day markets. The case-study is carried out with the help of the MATREM system. The preliminary results indicate a reduction of the deviations of WPPs, but also a decreasing in their remuneration. Thus, the results highlight to some extent the importance of new market mechanisms to enable the active participation of WPPs in markets, without support policies.

Original languageEnglish
Title of host publicationHighlights in Practical Applications of Agents, Multi-Agent Systems, and Trust-worthiness. The PAAMS Collection - International Workshops of PAAMS 2020, Proceedings
EditorsFernando De La Prieta, Philippe Mathieu, Jaime Andrés Rincón Arango, Elena Del Val, Vicente Julian, Alia El Bolock, Jaume Jordán Prunera, João Carneiro, Rubén Fuentes, Fernando Lopes
Place of PublicationCham
PublisherSpringer
Pages347-356
Number of pages10
ISBN (Electronic)978-3-030-51999-5
ISBN (Print)978-3-030-51998-8
DOIs
Publication statusPublished - 2020
Event18th International Conference on Practical Applications of Agents and Multi-Agent Systems, PAAMS 2020 - L’Aquila, Italy
Duration: 7 Oct 20209 Oct 2020

Publication series

NameCommunications in Computer and Information Science
PublisherSpringer
Volume1233 CCIS
ISSN (Print)1865-0929
ISSN (Electronic)1865-0937

Conference

Conference18th International Conference on Practical Applications of Agents and Multi-Agent Systems, PAAMS 2020
CountryItaly
CityL’Aquila
Period7/10/209/10/20

Keywords

  • Electricity markets
  • Intra-day markets
  • MATREM system
  • Variable renewable energy
  • Wind power producers

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