Forecasting the Chilean short-term electricity market behavior under a new proposed regulation

J. Barquín, E. Centeno, A. López-Nicolás, R. Quinteros

IEEE PowerTech Conference - PowerTech 2003, Bologna (Italy). 22-26 junio 2003

Summary:

This paper presents a study on the likely behavior of a daily electricity market proposed to operate in the Chilean system. The simulation has been carried out by using the tool VALORE, able to model oligopolistic behaviors. Conclusions on the desirable degree of longterm contracts are obtained. The theoretical basis of the simulation tool are also explained.

Keywords: Power system economics, Interconnected power systems, Power system planning.

DOI: 10.1109/PTC.2003.1304777

Publication date: June 2003.

Citation:
Barquín, J., Centeno, E., López-Nicolás, A., Quinteros, R., Forecasting the Chilean short-term electricity market behavior under a new proposed regulation, IEEE PowerTech Conference - PowerTech 2003, Bologna (Italy). 22-26 June 2003.

IIT-03-033A