Strategies Adopted By Wind and Thermal Power Plants In Continuous Trading

This work presents an outlook of the behavior adopted by market operators trading in the continuous intraday market. In particular it analyzes the strategies adopted by two different power plants, a dispatchable and non-dispatchable generator, trading during a day in the Italy south market bidding zones. Results shows that different technologies implement significant distinct approaches to sell or buy energy in the market depending on their specific characteristics. Non dispatchable power plants are more active due to the forecast energy power changing and submit orders at the market price limits while dispatchable power plant are more passive trying to optimize their revenues submitting sell or buy orders depending on the current market price. The paper aims also at suggesting a possible implementation for a model that want to replicate the continuous energy trading.