Identification of energy supply units
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Study Groups with Industry, Mathematics in Industry (http://www.maths-in-industry.org/)
Abstract
In the daily electricity market a price of the electricity for each hour is settled.
This price results from the matching of offers to buy and sell from different market
agents through their supply units.
Agents specify supply blocks, i.e., pairs consisting of a quantity and a price. These
supply blocks are represented as supply curves depicting certain patterns.
The challenge proposed by EDP is the following:
1) Using past information on published daily data identifying production and/or technologies offers by the different units for past supply curves.
2) The goal is to match, in the daily publication of offers from various supply
units, each block to the corresponding supply unit.
Description
Citation
"Identification of energy supply units", Problem presented by EDP at the 101st European Study Group with Industry, 5-9 May 2014, FCT, Universidade Nova de Lisboa, Portugal