Title
Simulation of the energy efficiency auction prices in Brazil
Date Issued
01 May 2016
Access level
open access
Resource Type
journal article
Author(s)
Publisher(s)
European Association for the Development of Renewable Energy, Environment and Power Quality (EA4EPQ)
Abstract
The electricity consumption behavior in Brazil has been extensively investigated over the years due to financial and social problems. In this context, it is important to simulate the energy prices of the energy efficiency auctions in the Brazilian regulated environment. This paper presents an approach to generate samples of auction energy prices in energy efficiency market, using Markov chain Monte Carlo method, through the Metropolis-Hastings algorithm. The obtained results show that this approach can be used to generate energy price samples.
Start page
574
End page
579
Volume
1
Issue
14
Language
English
OCDE Knowledge area
Biotecnología ambiental
Ingeniería ambiental y geológica
Subjects
Scopus EID
2-s2.0-85073360909
Source
Renewable Energy and Power Quality Journal
ISSN of the container
2172038X
Sponsor(s)
The authors would like to thank the colleagues from PUC-Rio for their valuable comments and suggestions, which improved the paper and the R&D program of the Brazilian Electricity Regulatory Agency (ANEEL) for the financial support (R&D project PD-7625-0003/2014). Finally, the authors would like to thank CNPq and CAPES, which are governmental agencies that have also given support to this research.
Sources of information:
Directorio de Producción Científica
Scopus