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Water values in future power markets

Water values in future power markets

Kategori
D2 Vitenskapelig artikkel i bok/antologi
Sammendrag
In this paper we elaborate on how a hydropower producer's expected marginal value of water (water value) is affected when considering both sales of energy and reserve capacity in a liberalized market setting. We derive analytical expressions for the water value in this market context, and verify these through numerical computations. We find that the water values are more sensitive to changes in the reservoir level when considering sales of both energy and reserve capacity compared to the energy-only case.
Språk
Engelsk
År
2017
Publisert i
12th IEEE Power and Energy Society PowerTech Conferende PowerTech Manchester 2017
Forlag
IEEE Press
ISBN
978-1-5090-4238-8
Publikasjons-id
CRIStin 1489911