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