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Water resources valuation in competitive environments

J. Reneses, N. Mosquera, E. Centeno, J. Barquín

9ª Jornadas Hispano-Lusas de Ingeniería Eléctrica, Marbella (Spain). 30 June - 02 July 2005


Summary:
This paper analyses the assessment of water resources in competitive generation power markets. With that purpose, the centralized definition of water value is updated and extended in order to adapt it to electricity markets, where generation companies face the hydro-thermal coordination. Two different water values are defined as well as their applications: profit value and cost value. A methodology to compute both water values is presented, and its application to a case study.


Keywords: Electricity markets, Hydro-thermal coordination, Market equilibrium, Water value.


Publication date: 2005-06-30.



Citation:
J. Reneses, N. Mosquera, E. Centeno, J. Barquín, Water resources valuation in competitive environments, 9ª Jornadas Hispano-Lusas de Ingeniería Eléctrica, Marbella (Spain). 30 June - 02 July 2005.


    Research topics:
  • *Medium-Term Tactical Planning

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