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Memorias de investigación
Capítulo de libro:
The First Renewable Forward Market Mechanisms in the Iberian Electricity Market
Año:2012
Áreas de investigación
  • Economía
Datos
Descripción
A description of the first renewable forward market mechanisms in the Iberian Electricity Market is provided. A contract for difference mechanism is available in Spain since March 2011between the last resort suppliers and the special regime (renewables and cogeneration) settling the price differences between the equilibrium price of the forward regulated auctions for the last resort supply and the spot price of the corresponding delivery period. Regulated auctions of baseload futures of the Portuguese zone in which the Portuguese last resort supplier sells the special regime production exist since December 2011. The experience gained from renewables auctions in Latin America could be used in the Iberian Electricity market, complementing these first market mechanisms. Introduction of renewable auctions at least for the most mature technologies (i.e. wind) in Spain and Portugal providing a fair price for the renewable generation will be of utmost importance in the short term to diminish the tariff deficit caused by the massive deployment of the feed-in-tariff scheme. Liquidity in the forward markets will also increase as a result of the entry of renewable generation companies intending to maximize their profits due to gradual suppression of feed in tariff schemes.
Internacional
Si
DOI
Edición del Libro
Editorial del Libro
LACCEI (Latin American and Caribbean Consortium of Engineering Institutions)
ISBN
978-0-9822896-5-5
Serie
Research Paper 128
Título del Libro
Proceedings of Tenth LACCEI Latin American and Caribbean Conference (LACCEI?2012), Megaprojects: Building Infrastructure by fostering engineering collaboration, efficient and effective integration and innovative planning, July 23-27, 2012, Panama City, Panama
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Esta actividad pertenece a memorias de investigación
Participantes
  • Autor: Alvaro Capitan Herraiz (UPM)
  • Autor: Carlos Rodriguez Monroy (UPM)
Grupos de investigación, Departamentos, Centros e Institutos de I+D+i relacionados
  • Creador: Grupo de Investigación: Ingeniería de la Calidad Alimentaria
  • Departamento: Ingeniería de Organización, Administración de Empresas y Estadística
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