The reorganization of electricity industry in Spain has finished a new step with the start-up of the Derivatives Market. Nowadays, all electricity transactions in Spain and Portugal are managed jointly through the MIBEL by the Day-Ahead Market Operator and the Derivatives Market Operator. This new framework requires important changes in the short-term optimization strategies of the Generation C...

As a part of the day-ahead market clearing process, Midcontinent Independent System Operator (MISO) solves one of the largest and most challenging Security Constrained Unit Commitment (SCUC) models. Better computational performance of SCUC models not only improves the market efficiency but also facilitates future market development. This paper introduces two developments on Mixed Integer Progra...

In this study, the Market Clearing Price (MCP) is forecasted with Artificial Neural Networks and modeling success examined for different preprocessing strategies. The purpose of study to obtain optimum model a significant estimation provide best price prediction. hour-based electricity generation data diverse production items are assigned as inputs resulting MCP modeled. raw first cleaned from ...

The unexpected pandemic eruption in March 2020, the European efforts to diminish gas house emissions, prolonged drought, higher inflation and war Ukraine clearly have had a strong impact on electricity price. In this paper, we analyze prices Romanian Day-Ahead Market (DAM) along with other variables (inflation, consumption traded volume of DAM) over last three half years an attempt understand i...