Revolutionizing Bidding Strategies for PV Asset Owners in Spot Markets

Thursday, 8 August 2024, 07:00

A new bidding strategy developed by an international research team is set to enhance the profitability of PV asset owners in the day-after and intraday markets. This innovative approach utilizes probabilistic models to create realistic scenarios, resulting in increased revenues and diminished imbalances. The findings underline the significance of adaptive strategies in optimizing market performance.
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Revolutionizing Bidding Strategies for PV Asset Owners in Spot Markets

Introduction to the New Bidding Strategy

Developed by an international research team, the new bidding strategy is aimed specifically at PV asset owners participating in the spot market.

How the Strategy Works

  • This strategy is designed for both the day-after and the intraday markets.
  • It employs a technique that translates results from probabilistic models into valid scenarios.

Results and Benefits

The application of this strategy has demonstrated:

  1. Increased revenues for asset owners.
  2. Reduced imbalance in trading outcomes.

Conclusion

The new approach signifies a pivotal development for PV asset owners, showcasing the potential for innovative strategies to drive profitability and stabilize market presence.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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