33,541 research outputs found
Potential impact of load curtailment on the day-ahead Iberian market : a preliminary analysis
ABSTRACT: Demand response (DR) in electricity markets may offer a variety of financial and operational benefits. Typically, customers respond to DR events by adopting curtailment and shifting strategies. This article focuses on the former strategy and assumes that consumers are encouraged to avoid consuming electricity during specific hours of a 24 h day, because the energy price is above a given threshold. It presents a study on the Iberian market, conducted with the help of an agent-based simulation tool, called MATREM. The results are very favorable to the adoption of the load curtailment strategy (as a consequence of the enrollment in different DR programs).info:eu-repo/semantics/publishedVersio
Renewable energy support policy based on contracts for difference and bilateral negotiation
ABSTRACT: The European Union has been one of the major drivers of the development of renewable energy. The energy policies of most European countries have involved subsidized tariffs, such as the feed-in tariff in Portugal, the regulated tariff and the market price plus premium in Spain, and the Renewables Obligation in UK, that came into effect in 2002. Recently, UK has made some reforms and started to consider contracts for difference (CfDs) as a key element of the energy policy. This paper presents a support policy based on CfDs and bilateral negotiation. The first phase consists in a CfD auction and the second phase involves a bilateral negotiation between a Government and each of the selected investors. The paper also presents a case-study to analyze the potential benefits of the support policy. It was performed with the help of the MATREM system. The preliminary results indicate some advantages for the Government (and, in some cases, for the investors as well).info:eu-repo/semantics/publishedVersio
Hydro-wind balance in daily electricity markets : a case-study
ABSTRACT: The European Union has been one of the major drivers of the development of renewable energy. In Portugal, renewable generation is subject to specific licensing requirements and benefits from a feed-in-tariff. This paper pays special attention to wind and hydroelectric technologies. Typically, wind farms produce more energy during the night (off-peak periods), when the demand is lower, contributing to a reduction of the market price. Hydroelectric power plants use off-peak periods to pump water, and produce energy in the periods of a 24 hour day where the prices of electricity are higher (peak periods). This paper presents a case study aiming at analyzing the behavior of hydroelectric power producers—that is, in power systems with large renewable generation, producers typically use the periods of the day with lower energy prices for pumping, and the other periods (with higher energy prices) to produce electricity. The simulations are performed using MATREM (for Multi-Agent Trading in Electricity Markets). The results confirm (and rebate) the typical behavior of hydroelectric power producers.info:eu-repo/semantics/publishedVersio
Neural networks with dynamical synapses: from mixed-mode oscillations and spindles to chaos
Understanding of short-term synaptic depression (STSD) and other forms of
synaptic plasticity is a topical problem in neuroscience. Here we study the
role of STSD in the formation of complex patterns of brain rhythms. We use a
cortical circuit model of neural networks composed of irregular spiking
excitatory and inhibitory neurons having type 1 and 2 excitability and
stochastic dynamics. In the model, neurons form a sparsely connected network
and their spontaneous activity is driven by random spikes representing synaptic
noise. Using simulations and analytical calculations, we found that if the STSD
is absent, the neural network shows either asynchronous behavior or regular
network oscillations depending on the noise level. In networks with STSD,
changing parameters of synaptic plasticity and the noise level, we observed
transitions to complex patters of collective activity: mixed-mode and spindle
oscillations, bursts of collective activity, and chaotic behaviour.
Interestingly, these patterns are stable in a certain range of the parameters
and separated by critical boundaries. Thus, the parameters of synaptic
plasticity can play a role of control parameters or switchers between different
network states. However, changes of the parameters caused by a disease may lead
to dramatic impairment of ongoing neural activity. We analyze the chaotic
neural activity by use of the 0-1 test for chaos (Gottwald, G. & Melbourne, I.,
2004) and show that it has a collective nature.Comment: 7 pages, Proceedings of 12th Granada Seminar, September 17-21, 201
GeMs/GSAOI observations of La Serena 94: an old and far open cluster inside the solar circle
Physical properties were derived for the candidate open cluster La Serena 94,
recently unveiled by the VVV collaboration. Thanks to the exquisite angular
resolution provided by GeMS/GSAOI, we could characterize this system in detail,
for the first time, with deep photometry in JHK - bands. Decontaminated
JHK diagrams reach about 5 mag below the cluster turnoff in H. The locus
of red clump giants in the colour - colour diagram, together with an extinction
law, was used to obtain an average extinction of . The
same stars were considered as standard - candles to derive the cluster
distance, kpc. Isochrones were matched to the cluster colour -
magnitude diagrams to determine its age, , and
metallicity, . A core radius of pc was
found by fitting King models to the radial density profile. By adding up the
visible stellar mass to an extrapolated mass function, the cluster mass was
estimated as M, consistent with an
integrated magnitude of and a tidal radius of
pc. The overall characteristics of La Serena 94 confirm that
it is an old open cluster located in the Crux spiral arm towards the fourth
Galactic quadrant and distant kpc from the Galactic centre. The
cluster distorted structure, mass segregation and age indicate that it is a
dynamically evolved stellar system.Comment: 16 pages, 24 figures, 2 Tables, accepted by MNRAS; corrected typo
Critical and resonance phenomena in neural networks
Brain rhythms contribute to every aspect of brain function. Here, we study
critical and resonance phenomena that precede the emergence of brain rhythms.
Using an analytical approach and simulations of a cortical circuit model of
neural networks with stochastic neurons in the presence of noise, we show that
spontaneous appearance of network oscillations occurs as a dynamical
(non-equilibrium) phase transition at a critical point determined by the noise
level, network structure, the balance between excitatory and inhibitory
neurons, and other parameters. We find that the relaxation time of neural
activity to a steady state, response to periodic stimuli at the frequency of
the oscillations, amplitude of damped oscillations, and stochastic fluctuations
of neural activity are dramatically increased when approaching the critical
point of the transition.Comment: 8 pages, Proceedings of 12th Granada Seminar, September 17-21, 201
The unintended consequences of the launch of the single supervisory mechanism in Europe
The launch of the Single Supervisory Mechanism (SSM) was an historic event. Beginning in Nov. 2014, the most significant banks came under the direct supervision of the European Central Bank, while national supervisory authorities maintained direct supervision of the remaining banks. Thus, supervision is conducted on two levels, which could cause inconsistency problems. Did the behavior of the significant banks differ from that of the less significant banks during the SSM launch? We find that the significant banks reduced their lending activity more than the less significant banks did in order to shrink their balance sheets and increase their capitalization
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