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| DOI | 10.1016/j.enpol.2021.112234 |
| Two-settlement system for the Brazilian electricity market | |
| Munhoz F.C. | |
| 发表日期 | 2021 |
| ISSN | 03014215 |
| 卷号 | 152 |
| 英文摘要 | The Brazilian cost-based market employs the single-settlement system to clear electricity. Besides single, this system adopts a hybrid mechanism in which the amount of electricity measured during production and consumption in the real-time market is cleared with the electricity price set during the operation's schedule in the day-ahead market. The result is that the intersection between demand and supply does not set the electricity price neither in the day-ahead market nor in the real-time market. This work studies the flaws of the Brazilian settlement system. The study demonstrates that the two-settlement system is a better option for this market because it prices the electricity correctly at the moment of production and consumption, encourages the market participants to furnish accurate data for the system operation, mitigates anti-competitive practices, and induces market efficiency. © 2021 Elsevier Ltd |
| 关键词 | Electricity settlement systemMarket designRegulation |
| 英文关键词 | Costs; Brazilian electricity markets; Day ahead market; Electricity prices; Electricity settlement system; Hybrid mechanisms; Market design; Production and consumption; Real-time market; Regulation; Settlement systems; Power markets; electricity supply; energy efficiency; energy market; energy policy; Brazil |
| 语种 | 英语 |
| 来源期刊 | Energy Policy
 |
| 文献类型 | 期刊论文 |
| 条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/205267 |
| 作者单位 | Brazilian Electricity Regulatory Agency, SGAN 603 I e J, Brasília, DF, Brazil |
| 推荐引用方式 GB/T 7714 | Munhoz F.C.. Two-settlement system for the Brazilian electricity market[J],2021,152. |
| APA | Munhoz F.C..(2021).Two-settlement system for the Brazilian electricity market.Energy Policy,152. |
| MLA | Munhoz F.C.."Two-settlement system for the Brazilian electricity market".Energy Policy 152(2021). |
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