IEEE Power & Energy Society General Meeting - IEEE PES GM 2008, Pittsburgh (United States of America). 20-24 July 2008
Summary:
The objective of this work is to discuss the modeling of auctions of long-term electricity supply contracts for new capacity in Brazil. The modeling of risks such as price-quantity (hydrological) risk, project completion risk, environmental constraints, climate change and regulatory risks are discussed. An analytical model will be developed to price these risks and case studies will be presented for real projects that have participated in the Brazilian contract auctions for new capacity. We also discuss selection of projects with different risks.
Keywords: Power system economics, Auctions, electricity market, auction theory, investment, energy supply contracts.
DOI: 
https://doi.org/10.1109/PES.2008.4596231
Published in IEEE PES GM 2008, pp: 1-8, ISBN: 978-1-4244-1905-0
Publication date: 2008-07-20.
Citation:
L.A. Barroso, A. Street, S. Granville, B. Bezerra, Bidding strategies in auctions for long-term electricity supply contracts for new capacity, IEEE Power & Energy Society General Meeting - IEEE PES GM 2008, Pittsburgh (United States of America). 20-24 July 2008. In: IEEE PES GM 2008: Conference proceedings, ISBN: 978-1-4244-1905-0
