Reproducible model for analyzing perfect competition vs. strategic behaviour from hydropower in the spot and forward markets

Description

This dataset supports the reproduction of the analysis of interactions between the spot and forward markets, in cases of perfect competition or strategic behaviour by hydropower. It is presented in the associated paper "Long-term contracts in hydro-rich power systems: between market power, regulation, and resource adequacy" (see Related links). Input data for the stylized case study of the Brazilian power system are provided alongside the models. The models are composed of spot and forward market modules involving either perfect competition or a price-maker hydropower producer. For a detailed description of the models and the data, please refer to Sections 4 and 5 of the associated paper.

Steps to reproduce

To reproduce the model, the .zip-file is extracted into a folder. The scripts within the folder are then run with Julia, and will produce outputs into .csv files. Running the script requires Julia and selected packages installed (see "dataBrazilCaseAggr.jl"). Further instructions are provided in "README.txt".

Institutions

• Norwegian University of Science and Technology

  Trøndelag, Trondheim

Categories

Funders

• Norwegian University of Science and Technology

  Trondheim

Licence