Simulation of the energy efficiency auction prices in Brazil
Applications
2018-11-13 v1
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.
Keywords
Cite
@article{arxiv.1811.04144,
title = {Simulation of the energy efficiency auction prices in Brazil},
author = {Javier L. L. Gonzales and Rodrigo F. Calili and Reinaldo C. Souza and Felipe L. Coelho da Silva},
journal= {arXiv preprint arXiv:1811.04144},
year = {2018}
}
Comments
The paper was presented at the International Conference on Renewable Energies and Power Quality (ICREPQ), ICREPQ'16-Spain. Link: http://www.icrepq.com/16-396.htm