Joaquim Dias Garcia

How optimistic inflow forecasts distort dispatch, prices, and contracts in hydro-dominated power systems: evidence from Brazil

Arthur Brigatto, Alexandre Street, Joaquim Dias Garcia

Centralized hydrothermal planning models determine generation schedules and electricity spot prices based on inflow forecasts in audited-cost power systems, such as those prevalent in Latin America, and provide operational benchmarks and decision support in hydro-dominated compet…Read more