IEEE Power & Energy Society General Meeting - IEEE PES GM 2003, Toronto (Canada). 13-17 July 2003
Summary:
The objective of this work is to analyze the hydrological risk faced by hydro plants (or hydro based portfolios) in hydropower based markets and possible mitigation measures. This risk, which arises in low inflow seasons, can lead to high financial exposures of these agents in the spot market. The analysis will be carried out with the aid of optimization models. In particular the insertion of a thermal plant into the hydro portfolio will be analyzed. This asset can work as an insurance (or back-up) to the portfolio and provide significant risk reductions with the synergy among the energy sources in the new mix. Case studies will be presented with the Brazilian system, which is hydro based.
Keywords: Hydroelectric power generation, Risk analysis
DOI: 
https://doi.org/10.1109/PES.2003.1270395
Published in IEEE PES GM 2003, pp: 719-724, ISBN: 0-7803-7989-6
Publication date: 2003-07-13.
Citation:
L.A. Barroso, S. Granville, J. Trinkenreich, M. V. Pereira, P.R. Lino, Managing hydrological risks in hydro-based portfolios, IEEE Power & Energy Society General Meeting - IEEE PES GM 2003, Toronto (Canada). 13-17 July 2003. In: IEEE PES GM 2003: Conference proceedings, ISBN: 0-7803-7989-6
