Fostering Renewables Competitiveness in the Brazilian Free Trading Market of Contracts

Sponsor: UTE Norte Fluminense (EDF). 2011

Goal: a renewable generation simulation tool capable to produce a Monte Carlo Simulation of a set of renewable units conditioned (paired) to the scenarios generated by the Brazilian spot-price simulation model. The proposed tool allows investors to perform risk analysis studies on based on the optimization of complementary renewable sources, such as wind power and small hydros.