Summary:
The meaning and significance of medium-term marginal costs for a generation company in a competitive power market in analysed. A methodology to computer and decompose medium-term generation marginal costs in a competitive environment is proposed. The methodology is based on a market equilibrium model. The aim is to provide a useful tool for generation companies so that they can manage their resources in an optimal way, helping them with their operation, decision-making processes, asset valuations or contract assessments.
JCR Impact Factor and WoS quartile: 0,299 (2004); 0,868 (2008)
DOI reference: https://doi.org/10.1049/ip-gtd:20040618
Published on paper: September 2004.
Citation:
J. Reneses, E. Centeno, J. Barquín, Medium-term marginal costs in competitive generation power markets. IEE Proceedings-Generation Transmission and Distribution. Vol. 151, nº. 5, pp. 604 - 610, September 2004.