Analysis of Multiple Optimal Solutions in the Firm Energy Rights Computation (in Portuguese)

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In this talk we investigate the definition of firm energy rights of hydro power plants in Brazil. The firm energy values influence directly in the remuneration of the Brazilian hydro plants, besides that, linear optimization models are widely used in the literature for studies of firm energy. In this work, the authors show that the linear optimization models used in the calculus of firm energy rights can present multiple optimal solutions, more specifically, that it is possible to solve the problem to optimality and find different individual firm energy values, this behavior is not desirable in the firm energy models since this parameter impacts directly in the remuneration of the hydro plants.