Funding entity Endesa Medios y Sistemas S.L
In November 2024, market regulation in the Spanish Iberian electricity market changed to split the secondary regulation market into two separate markets: one for the upward reserve and another for the downward reserve. This project aims to analyze and characterize the new bidding strategies that result from this regulatory change by applying advanced data analysis techniques and functional analysis to characterize the supply curves in these markets. Additionally, various strategies for predicting curves in these markets will be evaluated, analyzing the existing correlations between them.
Layman's summary: In November 2024, the secondary regulation market was split into two: one for upward reserve and one for downward reserve. This project studies new bidding strategies and how to predict curves in these markets using advanced data analysis and time series models.
Techniques employed: Advanced Time series models. Functional Data. Recurrent Neural Networks.
HADES_2025_S1
