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Project information

Prototype of a computacional model for water value calculation in the MIBEL

F.A. Campos

January 2026 - December 2026

Funding entity EDP S.A.

Participated by INESTEC


This proposal aims to analyze the state of the art of water value models in electricity markets and, based on that analysis, to formulate a computational model for water value in electricity markets adapted to EDP’s needs. This formulation is developed in the proposed work and implemented and tested in a prototype with a reduced set of generating units and river basins.


Layman's summary: Water value in a electricity generation model for the Peninsular electricity system



Techniques employed: Operation Research, Optimization



VALAGUA-2026