Analysis, study and design of bidding strategies in the electric generation sector

A. Ramos S. Arroyo Á. Baíllo S. Cerisola L. Palacios M. Rey M. Rivier C. Maté M. Ventosa

January 1998 - December 1998

Funding entity Iberdrola

This project tackles the development of bidding strategies in the new Spanish wholesale electric generation market that began to operate the 1st of January 98. The strategies will deal with different time spans (short, medium and long term) and will take into account both the technical and economic characteristics of the thermal and hydro units of Iberdrola, as well as the particularities of the Spaniard market rules and ownership structure.

Research topics:
• *Short-Term Operation, Market Bidding and Operating Reserves
• *Medium-term tactical planning

ESTRATEGIA OFERTAS IBD 3