1 code implementation • 12 Oct 2021 • Alicia Alarcón Cobacho, Eléa Prat, Daniel Vázquez Pombo, Spyros Chatzivasileiadis
Continuous flexibility markets have the advantage of allowing more liquidity, which can be critical in the earlier stages of such markets, and can be operated closer to real-time, thereby enabling a better use of the latest forecasts; but, by design, they also result to a lower social welfare compared to auction-based markets.
1 code implementation • 5 Aug 2021 • Joakim Björk, Daniel Vázquez Pombo, Karl Henrik Johansson
It is shown that the NMP model is useful for designing a controller that coordinates FFR from wind with slow FCR from hydro turbines.