Forecasting the Hydro Inflow and Optimization of Virtual Power Plant Pricing

2021-07-01
Çabuk, Sezer
Mert, Özenç Murat
Kestel, Ayşe Sevtap
Kalaycı, Erkan

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Forecasting the Hydro Inflow and Optimization of Virtual Power Plant Pricing
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Hydro inflow forecasting is crucial for effective hydro optimization, virtual power plant pricing, volume risk management, and weather derivatives pricing in the electricity markets. Predicting hydro inflow allows the decision-makers to economically use water for optimal periods, quantify volume risk and determine effective portfolio management strategies. This study aims pricing a hydroelectricity power plant as a Virtual Power Plant based on Turkish energy markets. For pricing of such a non-standard optio...
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Citation Formats
S. Çabuk, Ö. M. Mert, A. S. Kestel, and E. Kalaycı, Forecasting the Hydro Inflow and Optimization of Virtual Power Plant Pricing. 2021.