7th International Conference on the European Energy Market - EEM10, Madrid (Spain). 23-25 June 2010
Summary:
This paper describes a strategic information platform developed for the German electric utility Eon, to provide historical bidding analysis and medium-term forecasting of the Iberian Electricity Market. This platform, PLAMER, has three main modules: Initialization module, consisting of different sub-modules to define the electrical system structure and to organize the input data of the rest of modules, PLAMER-bids, to read, aggregate and visualize market historical bids and also to prepare them for their future forecasted values, and PLAMER-clearing, for market clearing emulation using forecasted bids. PLAMER-clearing models the Iberian market based on a bid clearing mechanism with an inherent market splitting procedure. This market splitting is built with a bi-nodal simplification, one node representing the Spanish System and the other the Portuguese one. Both are simply connected by a unique equivalent interconnection line. The medium term clearing model uses a generation portfolio per generation company in terms of technologies, for supplying monthly demand for different load levels, and labour and non-labour periods. Some technical constraints, such as minimum outputs and pumping energy balance, are also taking into account. The mathematical problem of PLAMER-clearing is a quadratic programming model solved using GAMS language and CPLEX optimizer. Finally, a real Iberian case study is detailed and some market splitting outputs are analyzed.
Keywords: Decision Support Systems, Information Systems, Electricity Markets, Auction Fitting, Interconnected Markets, Market Splitting, Mathematical Programming, Data Mining
DOI: 
https://doi.org/10.1109/EEM.2010.5558775
Publication date: 2010-06-23.
Citation:
P. Sánchez, PLAMER: Information system for bids analysis and forecasting of the Iberian electricity market, 7th International Conference on the European Energy Market - EEM10, Madrid (Spain). 23-25 June 2010.
