Funding entity Endesa Medios y Sistemas S.L
In 2025, regulatory changes affecting the day-ahead electricity market led to the elimination of Complex Conditions (CIM) in bids as of March 2025. These were replaced by new complex conditions: Scalable Complex Orders and Block Offers. Additionally, a quarter-hourly regime will be introduced for this market in June 2025. Therefore, this project addresses a redefinition of the modeling of supply curves and a study of the impact of the new bidding conditions on market clearing.
Layman's summary: In 2025, the day-ahead electricity market changes: CIM are removed and new bidding conditions (Scalable Complex Orders and Blocks) are introduced, along with a quarter-hourly regime. This project analyzes their impact on clearing and bid curve modeling.
Techniques employed: Advanced Time series models. Functional Data. Recurrent Neural Networks.
HADES_2025_S2
