Auctions of contracts and energy call options to ensure supply adequacy in the second stage of the Brazilian power sector reform

2006 IEEE Power Engineering Society General Meeting, PES

Volumn , Issue , 2006, Pages

  Barroso, Luiz Augusto ^a,b   Rosenblatt, José ^b   Guimarães, André ^b   Bezerra, Bernardo ^b   Pereira, Mario Veiga ^a,b  

^a IEEE   (Brazil)

^b Mercados de Energia   (Brazil)

Author keywords

Power system economics; Power system planning; Supply adequacy

Indexed keywords

CONTRACTS; COST ACCOUNTING; ECONOMIC ANALYSIS; ELECTRICITY; ENERGY MANAGEMENT;

POWER SYSTEM ECONOMICS; POWER SYSTEM PLANNING; SUPPLY ADEQUACY;

ELECTRIC POWER SYSTEMS;

EID: 35348915467     PISSN: None     EISSN: None     Source Type: Conference Proceeding    
DOI: 10.1109/pes.2006.1708974     Document Type: Conference Paper

References (10)

1. H. Rudnick; L.A. Barroso; C. Skerk; A. Blanco, "South American reform lessons - twenty years of restructuring and reform in Argentina, Brazil, and Chile", IEEE Power and Energy Magazine, Vol 3, July-Aug. 2005.
2. M. Pereira, L. A. Barroso and J. Rosenblatt "Supply adequacy in the Brazilian power market" Proceedings of the IEEE General Meeting, Denver, 2004.
3. L.A.Barroso, J.M.Bressane, L.M.Thomé, M.Junqueira, I. Camargo, G. Oliveira, S. Binato, M.V. Pereira, "Transmission Structure in Brazil: Organization, Evaluation and Trends" Proceedings of the IEEE General Meeting, Denver, 2004.
4. M. Pereira, N. Campodónico, and R. Kelman, "Long-term hydro scheduling based on stochastic models", Proceedings of EPSOM Conference, Zurich, 1998
5. Krishna, V. (2002) Auction Theory, Academic Press, San Diego, CA.
6. B.Bezerra, L.A.Barroso, M.V.Pereira, S.Granville, A.Guimarães, A. Street, "Energy Call Options Auctions for Generation Adequacy in Brazil and Assessment of Gencos Bidding Strategies", Proceedings of IEEE General Meeting 2006, Montreal.
7. S. Oren., "Generation Adequacy via Call Options Obligations: Safe Passage to the Promised Land", 16, UCEI Publications, September 2005.
8. C. Vazquez., M. River and I.P. Arriaga., 2002. "A market approach to long-term security of supply", IEEE Trans. on Power Systems, 17 (2)
9. L.A.Barroso; B. Flach, R. Kelman, B. Bezerra, S. Binato, J.M. Bressane, M.V.Pereira; "Integrated gas-electricity adequacy planning in Brazil: technical and economical aspects" Proceedings of the IEEE PES General Meeting, San Francisco, 2005.
10. P. Lino, L.A. Barroso, M. Fampa., M.V. Pereira, R. Kelman, "Bid-Based Dispatch of Hydrothermal Systems in Competitive Markets", Annals of Operations Research, Vol. 120, pp. 81-97, 2003