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NEW POSITIONS!
Dr. Álvaro Baíllo Moreno
FORMER IIT MEMBER
Current position:
Research Area:
Energy Systems Models
Membership dates:
01/jun/1998 - 30/sep/2002
IEEE:
37271865100
Highlighted Publications
P. Rodilla, J. García-González, Á. Baíllo, S. Cerisola, C. Batlle,
"Hydro resource management, risk aversion and equilibrium in an incomplete electricity market setting"
,
Energy Economics
, Vol. 51, pp. 365 - 382, September
2015
. [Online: July 2015] doi: 10.1016/j.eneco.2015.07.002
JCR-JIF: 2,862 Q1 (2015); 13,500 Q1 (2025) - SJR: 2,812 Q1 (2015); 3,448 Q1 (2025)
show 1 highlighted publications
Journal Publications
P. Rodilla, J. García-González, Á. Baíllo, S. Cerisola, C. Batlle,
"Hydro resource management, risk aversion and equilibrium in an incomplete electricity market setting"
,
Energy Economics
, Vol. 51, pp. 365 - 382, September
2015
. [Online: July 2015] doi: 10.1016/j.eneco.2015.07.002
JCR-JIF: 2,862 Q1 (2015); 13,500 Q1 (2025) - SJR: 2,812 Q1 (2015); 3,448 Q1 (2025)
J. Cabero, M. Ventosa, S. Cerisola, Á. Baíllo,
"Modeling risk management in oligopolistic electricity markets: a benders decomposition approach"
,
IEEE Transactions on Power Systems
, Vol. 25, nº. 1, pp. 263 - 271, February
2010
. [Online: January 2010] doi: 10.1109/TPWRS.2009.2036788
JCR-JIF: 2,355 (2010); 8,700 Q1 (2025) - SJR: 4,217 Q1 (2025)
S. Cerisola, Á. Baíllo, J.M. Fernández-López, A. Ramos, R. Gollmer,
"Stochastic power generation unit commitment in electricity markets: a novel formulation and comparison of solution methods"
,
Operations Research
, Vol. 57, nº. 1, pp. 32 - 46, February
2009
. [Online: February 2009] doi: 10.1287/opre.1080.0593
JCR-JIF: 1,576 (2009); 3,000 Q2 (2025) - SJR: 3,759 Q1 (2025)
K. Quizhpe, Á. Baíllo, M. Ventosa,
"Valoración de contratos a plazo en mercados eléctricos. Aplicación al mercado ecuatoriano"
,
IEEE Latin America Transactions
, Vol. 6, nº. 2, pp. 184 - 193, June
2008
. [Online: June 2008] doi: 10.1109/TLA.2008.4609916
JCR-JIF: 1,600 Q3 (2025) - SJR: 0,385 Q2 (2025)
J. Cabero, Á. Baíllo, S. Cerisola, M. Ventosa, A. García, F. Perán, G. Relaño,
"A medium-term integrated risk management model for a hydrothermal generation company"
,
IEEE Transactions on Power Systems
, Vol. 20, nº. 3, pp. 1379 - 1388, August
2005
. [Online: August 2005] doi: 10.1109/TPWRS.2005.851934
JCR-JIF: 0,951 (2005); 8,700 Q1 (2025) - SJR: 4,217 Q1 (2025)
Á. Baíllo, T. Gómez,
"El Mercado Ibérico de Electricidad: un proyecto de integración energética"
,
Estrategia Global
, Nº. 10, pp. 52 - 56, July
2005
.
M. Ventosa, Á. Baíllo, A. Ramos, M. Rivier,
"Electricity markets modeling trends"
,
Energy Policy
, Vol. 33, nº. 7, pp. 897 - 913, May
2005
. [Online: November 2003] doi: 10.1016/j.enpol.2003.10.013
JCR-JIF: 0,958 (2005); 9,300 Q1 (2025) - SJR: 2,516 Q1 (2025)
Á. Baíllo, M. Ventosa, M. Rivier, A. Ramos,
"Optimal offering strategies for generation companies operating in electricity spot markets"
,
IEEE Transactions on Power Systems
, Vol. 19, nº. 2, pp. 745 - 753, May
2004
. [Online: May 2004] doi: 10.1109/TPWRS.2003.821429
JCR-JIF: 0,821 (2004); 8,700 Q1 (2025) - SJR: 4,217 Q1 (2025)
show 8 journal publications
Projects
Thematic network of optimization under uncertainty
. Carried out for
Ministerio de Educación y Ciencia
. Jun/2005-May/2006
Decision-support tools for the day-ahead market and the congestion management mechanism
. Carried out for
Iberdrola
. Jan/2005-Dec/2005
Analysis and scenario generation for Risk management in the Spanish electricity market
. Carried out for
Iberdrola
. Jan/2005-Dec/2005
New decision-support tools for long-term electricity markets
. Carried out for
Iberdrola
. Jan/2005-Dec/2005
Development of decision-support tools for long-term electricity markets
. Carried out for
Iberdrola
. Jan/2004-Dec/2004
Analysis and scenario generation for risk management in the Spanish electricity market
. Carried out for
Iberdrola
. Jan/2004-Dec/2004
Study on the economic feasibility of the Copalar hydroelectric plant
. Carried out for
Hydrocopalar MidAmericas Ltd
. Nov/2003-Feb/2004
Improvement of tools devoted to economic planning and forecasting market prices
. Carried out for
Iberdrola
. Jan/2003-Dec/2003
Risk management in the Spanish electricity market
. Carried out for
Iberdrola
. Jan/2003-Dec/2003
Development of prediction tools for the short term electricity market
. Carried out for
Iberdrola
. Jan/2002-Dec/2002
Risk management in the Spanish electricity market
. Carried out for
Iberdrola
. Oct/2001-Dec/2002
Decision support models for generation bids planning
. Carried out for
Iberdrola
. Jan/2001-Dec/2001
Models to develop offer strategies in the Electricity Generation Business
. Carried out for
Iberdrola
. Jan/2000-Dec/2000
Framework for generation bidding strategies in the day-ahead electricity spot market.
. Carried out for
Iberdrola
. Jan/1998-Dec/1998
Analysis, study and design of bidding strategies in the electric generation sector
. Carried out for
Iberdrola
. Jan/1998-Dec/1998
show 15 projects
Ph.D. Thesis
Developed:
Á. Baíllo,
"Optimización de la explotación y de la preparación de ofertas de una empresa de generación de energía eléctrica para mercados de corto plazo"
, PhD. dissertation, Comillas Pontifical University, Madrid, Spain, 2002.
show 1 Ph.D. Thesis
Conference Papers
K. Quizhpe, Á. Baíllo, M. Ventosa,
"Valoración de contratos a plazo en mercados eléctricos. Aplicación al mercado ecuatoriano"
, presented at
3rd Congreso Internacional de la Region Andina - IEEE ANDESCON 2006
, Quito, Ecuador, 08-10 November 2006
J.M. Fernández-López, S. Cerisola, Á. Baíllo, A. Ramos,
"Stochastic bidding in electricity spot markets. A MIP-oriented benders decomposition approach"
, presented at
Applied Mathematical Programming and Modelling - APMOD 2006
, Madrid, Spain, 19-21 June 2006
J. Cabero, Á. Baíllo, S. Cerisola, M. Ventosa,
"Electricity market equilibrium model with risk constraints via benders decomposition"
, presented at
INFORMS Anual Meeting - INFORMS 2005
, San Francisco, United States of America, 13-16 November 2005
J. Cabero, Á. Baíllo, S. Cerisola, M. Ventosa,
"Application of benders decomposition to an equilibrium problem"
, presented at
15th Power Systems Computation Conference - PSCC 2005
, Liege, Belgium, 22-26 August 2005
J.M. Fernández-López, Á. Baíllo, S. Cerisola, R. Bellido,
"Building optimal offer curves for an electricity spot market: a mixed-integer programming approach"
, presented at
15th Power Systems Computation Conference - PSCC 2005
, Liege, Belgium, 22-26 August 2005
A. Ramos, J.M. Latorre, S. Cerisola, Á. Baíllo,
"Scenario Tree Generation through the Neural Gas Algorithm"
, presented at
IFIP/IIASA/GAMM Workshop on Coping with Uncertainty - CwU 2004
, Laxenburg, Austria, 13-16 December 2004
S. Cerisola, Á. Baíllo, A. Ramos,
"Benders decomposition for MIP problems: Application to multistage stochastic unit commitment problems"
, presented at
INFORMS Anual Meeting - INFORMS 2004
, Denver, United States of America, 24-27 October 2004
J. Cabero, Á. Baíllo, S. Cerisola, M. Ventosa,
"Electricity production planning and portfolio optimization with a CVaR objective"
, presented at
INFORMS Anual Meeting - INFORMS 2004
, Denver, United States of America, 24-27 October 2004
Á. Baíllo, A. Ramos, M. Rivier, M. Ventosa,
"Impact of the Spanish tariff regulation on the strategy followed by generation companies"
, presented at
INFORMS Anual Meeting - INFORMS 2003
, Atlanta, United States of America, 19-22 October 2003
M. Ventosa, Á. Baíllo, A. Ramos, M. Rivier,
"Electricity markets modeling trends"
, presented at
INFORMS Anual Meeting - INFORMS 2003
, Atlanta, United States of America, 19-22 October 2003
J. Reneses, Á. Baíllo, E. Centeno, M. Ventosa, M. Rivier, A. Ramos,
"Strategies to fulfill medium-term objectives through short-term operation in competitive power markets"
, presented at
IEEE PowerTech Conference - PowerTech 2003
, Bologna, Italy, 22-26 June 2003
A. Ramos, Á. Baíllo, S. López, M. Rivier, M. Ventosa,
"Analysis of short term dynamic behavior of an electric market"
, presented at
16th Conference of the International Federation of Operational Research Societies - IFORS 2002
, Edinburgh, United Kingdom, 08-12 July 2002
Á. Baíllo, M. Ventosa, M. Rivier, A. Ramos, G. Relaño,
"Bidding in a day-ahead electricity market: a comparison of decomposition techniques"
, presented at
14th Power Systems Computation Conference - PSCC 2002
, Seville, Spain, 24-28 June 2002
Á. Baíllo, M. Ventosa, M. Rivier, A. Ramos,
"Strategic bidding in a competitive electricity market: A decomposition approach"
, presented at
IEEE PowerTech Conference - PowerTech 2001
, Porto, Portugal, 10-13 September 2001
Á. Baíllo, J.M. Latorre, M. Ventosa, M. Rivier, A. Ramos,
"Unit commitment estratégico para empresas de generación: descomposición por relajación lagrangiana"
, presented at
7as Jornadas Hispano-Lusas de Ingeniería Eléctrica
, Madrid, Spain, 04-06 July 2001
Á. Baíllo, M. Ventosa, M. Rivier, A. Ramos,
"Strategic bidding under uncertainty in a competitive electricity market"
, presented at
INFORMS Anual Meeting - INFORMS 2000
, San Antonio, United States of America, 05-08 November 2000
Á. Baíllo, M. Ventosa, M. Rivier, A. Ramos,
"Strategic bidding under uncertainty in a competitive electricity market"
, presented at
6th International Conference on Probabilistic Methods Applied to Power Systems - PMAPS 2000
, Funchal, Portugal, 25-28 September 2000
Á. Baíllo, M. Ventosa, M. Rivier, A. Ramos,
"Unit commitment and bidding strategies for generation companies in deregulated electricity markets"
, presented at
DIMACS/EPRI Workshop on Next Generation of Unit Commitment Model
, Piscataway, United States of America, 27-28 September 1999
Á. Baíllo, D. Soler, Ó. Largo, G. Relaño,
"Modelo remuneratorio de los servicios complementarios en un mercado eléctrico. Parte II: Las reservas de potencia activa."
, presented at
6as Jornadas Hispano-Lusas de Ingeniería Eléctrica
, Lisbon, Portugal, 07-09 July 1999
D. Soler, Á. Baíllo, T. Gómez, J.I. de la Fuente,
"Modelo remuneratorio de los servicios complementarios en un mercado eléctrico. Parte I: aspectos generales"
, presented at
6as Jornadas Hispano-Lusas de Ingeniería Eléctrica
, Lisbon, Portugal, 07-09 July 1999
Ó. Largo, D. Soler, J.I. de la Fuente, G. Relaño, Á. Baíllo,
"Pérdidas en los generadores asociadas a la prestación del servicio complementario de control de tensiones."
, presented at
6as Jornadas Hispano-Lusas de Ingeniería Eléctrica
, Lisbon, Portugal, 07-09 July 1999
show 21 conference papers
Books and Book Chapters
A. Ramos, S. Cerisola, Á. Baíllo, J.M. Latorre,
"Stochasticity in electric energy systems planning"
, in
Coping with uncertainty: Modeling and policy issues
, K. Marti, Y. Ermoliev, M. Makowsk, G. Pflug Ed(s). Berlin, Germany: Ed. Springer-Verlag, 2006, pp. 217-239, doi: 10.1007/3-540-35262-7_13
S. Cerisola, A. Ramos, Á. Baíllo,
"Modelado de algoritmos de descomposición con GAMS"
, in
Optimización bajo incertidumbre
, A. Alonso-Ayuso, L.F. Escudero, R. Sala Ed(s). Valencia, Spain: Ed. Tirant lo Blanch, 2004, pp. 117-154
S. Cerisola, A. Ramos, Á. Baíllo,
"Aplicaciones en sistemas de energía eléctrica"
, in
Optimización bajo incertidumbre
, A. Alonso-Ayuso, L.F. Escudero, R. Sala Ed(s). Valencia, Spain: Ed. Tirant lo Blanch, 2004, pp. 213-244
Á. Baíllo, M. Ventosa, A. Ramos, M. Rivier, A. Canseco,
"Strategic unit commitment for generation companies in deregulated electricity markets"
, in
The next generation of electric power unit commitment models
, B.F. Hobbs, M.H. Rothkopf, R. O'Neill Ed(s). Boston, United States of America: Ed. Kluwer Academic Publishers, 2001, pp. 227-248, doi: 10.1007/0-306-47663-0_13
show 4 books and book chapters
Invited Conferences and Seminars
Conference
"Unit commitment and bidding strategies for generation companies in deregulated electricity markets"
. Piscataway (United States of America). Sep 1999.
show 1 invited conferences and seminars
Working Papers
S. Cerisola, Á. Baíllo, J.M. Fernández-López, A. Ramos, R. Gollmer,
"Stochastic power generation unit commitment in electricity markets: A novel formulation and comparison of solution methods"
, February 2012. IIT-05-003A.
P. Rodilla, Á. Baíllo, C. Batlle, S. Cerisola,
"Regulatory intervention to ensure an efficient medium-term planning in electricity markets"
, March 2010. IIT-10-008A.
S. Cerisola, Á. Baíllo, A. Ramos, R. Gollmer,
"Sequential cut refinement method in multistage stochastic integer programming: Application to unit commitment problem"
, January 2004. IIT-04-051A.
S. Cerisola, J.M. Latorre, Á. Baíllo,
"Scenario tree generation through the neural gas algorithm"
, January 2004. IIT-04-052A.
A. Ramos, Á. Baíllo, S. López, M. Rivier, M. Ventosa,
"Analysis of short-term dynamic behavior of an electricity market"
, January 2002. IIT-02-057A.
Á. Baíllo,
"Informe: DIMACS Workshop on next generation of unit commitment models"
, January 1999. IIT-99-094I.
J.M. Fernández-López, S. Cerisola, Á. Baíllo,
"Building optimal offer curves for an electricity spot market: a decomposition solution methodology"
. IIT-06-036A.
show 7 working papers
External Training Courses
Not Available
. Carried out for
Fundación Repsol YPF
. Oct/2005-Oct/2006
Not Available
. Carried out for
Iberdrola
. Feb/2005-May/2005
Not Available
. Carried out for
Unión Fenosa
. Feb/2005-Mar/2005
show 3 external training courses
Media and research dissemination
"
¿Qué es el déficit de la tarifa eléctrica? Una cuestión de confianza
". El País. Suplemento de negocios, p. 4 (Jun 2004)
show 1 media and research dissemination