Abstract
Intermittent technologies are enhancing both the economic and technological value of ancillary services in the electric power system. Some of these services commonly denoted as reserves have been liberalized and are offered in the balancing markets in the European Union countries, or in the regulation markets in the USA. This paper presents a deterministic single-node centralized energy and secondary reserve dispatch that outputs hourly scheduled energies and reserves, and both commodities prices. In this model, units of each generation company are simplified into technologies and sub-technologies for faster performance, but still considering inter temporal constraints such as ramps and responding time for reserves, and unit commitment decisions such as start-up and shut-down costs. Detailed short-term hydro-thermal constraints (topology, efficiency, etc.) have been simplified by means of weekly constraints based on historical data (inflows, installed capacity, productions). The model has been validated by comparing its output prices and productions with the real ones occurred during 2010 in the Spanish market with satisfactory results. Furthermore, a study-case on high penetration of solar generation in the Spanish system reveals strong interactions between the energy and reserve markets and points out the importance of hydro technologies in the system. © 2013 IEEE.

Abstract
Previous studies of market power within a regional system have considered multiple competing generation operators and the role of transmission constraints. However, these studies typically assume simplified structures in which each operator is restricted to a unique node in a transmission constrained network. Real systems typically have operators making decisions for units in several zones at once. Past studies also implicitly treated market power as a static concept for a given set of market rules and network configuration. We demonstrate that market power is dynamic, and can vary significantly with fuel prices and even with large-scale weather patterns. We also demonstrate the impact on region-wide market power of operators that manage units in multiple zones. We use the Electric Reliability Council of Texas (ERCOT) as an illustrative case study, and apply a conjectured supply function equilibrium (CSFE) approach that accounts for transmission constraints. We show that the companies with greater influence on the market price will depend on the relative prices of coal and natural gas. We also show that a weather event, such as a period without any wind, can have a substantial impact on market power.

Abstract
It is expected that in the near future the number of Plug-in Electric Vehicles (PEV) could increase significantly due to their low pollution emissions, high fuel economy, and mitigation of security issues related to oil technical and economic management. Many works have dealt with the impact of PEV on the power and distribution grids, and on other particular aspects, but very few perform more general cost benefit analyses of their global impact. This paper does it in two steps. First, a hydro-thermal unit commitment for a full year simulation provides electricity and reserve prices for different charging strategies. Then, the model computes economic estimations for the costs of the charging infrastructure, specific PEV costs and main externalities (emissions, health benefits and energetic dependence). The model is intended to provide meaningful results on the global economic balance of PEV penetration, helping for example in feed-in tariffs, fuel taxes redesign or other regulatory analyses. © 2013 IEEE.

Abstract
Supply Function Equilibrium (SFE) and Conjectured Supply Function Equilibrium (CSFE) are some of the approaches most used to model electricity markets in the medium and long term. SFE represents the generators' strategies with functions that link prices and quantities, but leads to systems of differential equations hard to solve, unless linearity is assumed (Linear Supply Function Equilibrium, LSFE). CSFE also assumes linearity of the supply functions but only around the equilibrium point, also avoiding the system of differential equations. This paper analyzes the existence and uniqueness of G-CSFE (a CSFE previously proposed by the Authors) for both elastic and inelastic demands. In addition, it also proves that the iterative algorithm proposed to compute G-CSFE has a fixed point structure and is convergent, and that LSFE is a particular case of G-CSFE when demand and marginal costs are linear. Selected examples show the performance of G-CSFE and how it can be applied to market power analysis with meaningful results.

Abstract
This paper proposes a linear programming problem to find the optimal planning and operation of aggregated distributed energy resources (DER), managed by an aggregator that participates in the day-ahead wholesale electricity market as a price-maker agent. The proposed model analyzes the impact of the size of the aggregated resources and gives the optimal planning and management of DER systems, and the corresponding energy transactions in the wholesale day-ahead market. The results suggest that when the aggregated resources are large enough, DER systems can achieve up to 32% extra economic benefits depending on the market share, compared with a business-as-usual approach (not implementing DER systems). © 2016 IEEE.

Abstract
The smart city is a sustainable and efficient urban center that provides high quality of life to its inhabitants with an optimal management of its resources, where clean and cost effective energy generation is a key issue. Under this setting, distributed generation can provide an adequate tool to deal with energy reliability and to successfully implement renewable sources; nevertheless, selection and scaling of energy systems, considering location, is not a trivial task. Frequently, the stakeholders analyze only one or two 'popular' generation systems, and then calculate the output and return of investment in a simplified and approximated approach. This practice could lead the stakeholder to an inadequate technology mix. To tackle this problem, this paper reviews and models most common energy sources for distributed generation in a smart city context. Then, a technical economic analysis is developed for 2 cases, a household and a district, considering not only renewable sources but also efficient non-renewable technologies. The results of the numerical analysis help to assess the more adequate generation systems for a given application, energetic demand, and geographical characteristics. A well-developed analysis is essential for a better understanding of the available technologies and their synergies; as a result, the investors can choose the appropriate solutions, maximizing overall benefits. © 2013 IEEE.