The use of wind power has grown strongly in recent years and is expected to continue to
increase in the coming decades. Solar power is also expected to increase significantly. In a …

Electricity balancing is one of the main demanders of short-term flexibility. To improve its
integration, the recent regulation of the European Union introduces a common standalone …

Forecasting with accuracy the quantity of energy produced by wind power plants is crucial to
enabling its optimal integration into power systems and electricity markets. Despite the …

To accommodate the stochasticity of variable renewable energy sources (VRES) while
efficiently dispatching generation resources and procuring adequate reserves, previous …

The liberalization of the electricity sector has conducted to the establishment of spot markets,
derivative markets and private bilateral contracts to trade electricity, increasing the …

Global warming contributes to the worldwide goal of a sustainable carbon-neutral society.
Currently, hydroelectric, wind and solar power plants are the most competitive renewable …

The liberalization of energy markets brought full competition to the electric power industry. In
the wholesale sector, producers and retailers submit bids to day-ahead markets, where …

The liberalization of energy retail markets empowered consumers with the ability to be part
of new emerging entities, such as Citizen Energy Communities. With the increasing …

The liberalization of the retail market of electricity increased the tariff choice of end-use
consumers. Retailers compete in the retail market for customers, obtaining private portfolios …

Electrical energy can be traded in liberalized organized markets or by negotiating private
bilateral contracts. Competitive markets are central systems where market players can …