Improvements in the reserve market and the operation of generation assets

A. Bello L. Montero G. Marulanda P. Rodilla

December 2024 - April 2025

Funding entity Endesa Medios y Sistemas S.L

The objective of this project is to improve the quality of forecasts generated with VALORE through the implementation of evolutionary developments focused on the reserve market and the feasibility of operating various assets, in both deterministic executions and Monte Carlo simulations.

Research topics:
• Unit-commitment in electricity markets with high RES penetration
• Short and Medium term hydro and hydrothermal scheduling
• Electricity, natural gas and renewable gases markets models

2025_VALORE-T1