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Departing from the main query of how to re-design the existing RES-E incentive model in view of a tighter integration with the Iberian Electricity Market, a restructured proposal of the current feed-in tariff remuneration model is presented. The paper begins with the existing energy policy context in Portugal, in section II. A summary of the most recent changes in the Portuguese electricity systems...
Through the end of the 20th century and beginning of 21st century, the Spanish policy-makers have had a strong commitment to the development of renewable energies and clean power technologies, mainly related with wind power and combined cycles. This commitment has involved several technical, regulatory and operational challenges, but perhaps the most critical of these has been the development of a...
<para> Due to the fluctuating nature of the wind resource, a wind power producer participating in a liberalized electricity market is subject to penalties related to regulation costs. Accurate forecasts of wind generation are therefore paramount for reducing such penalties and thus maximizing revenue. Despite the fact that increasing accuracy in spot forecasts may reduce penalties, this paper...
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