Combinatorial Reverse Auction to Coordinate Transmission and Generation Assets in Brazil: Conceptual Proposal Based on Integer Programming

Laura S. Granada (), Fernanda N. Kazama and Paulo B. Correia
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Laura S. Granada: University of Campinas - UNICAMP
Fernanda N. Kazama: University of Campinas - UNICAMP
Paulo B. Correia: University of Campinas - UNICAMP

A chapter in Operations Research Proceedings 2019, 2020, pp 241-247 from Springer

Abstract: Abstract In Brazil, reverse auctions are the main mechanism for contracting generation and transmission assets. However, mismatches between their start-up dates have depleted supply on approximately 17,000 GWh. So, we propose a new Combinatorial Reverse Auction format, that jointly auctions’ transmission and generation assets. The conceptual proposal was divided into two phases: descending clock rounds and sealed bid round. Activity rules as eligibility points and preference revealed were implemented to restrict the packages allowed for bidding in each round. The Winner Determination Problem was modeled as an Integer Linear Program adjusted to the Brazilian electric market. Computational experiments will be developed based on real data.

Keywords: Combinatorial auction; Winner determination problem; Integer programming; Brazil electric sector (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:oprchp:978-3-030-48439-2_29

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DOI: 10.1007/978-3-030-48439-2_29

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