[BOOK][B] Decision making under uncertainty in electricity markets

AJ Conejo, M Carrión, JM Morales - 2010 - Springer
Most relevant decisions to be made by market agents within an energy market involve a
significant level of data uncertainty. For agents to make informed decisions within such a …

Electricity trading for coal-fired power plants in Turkish power market considering uncertainty in spot, derivatives and bilateral contract market

A Yucekaya - Renewable and Sustainable Energy Reviews, 2022 - Elsevier
In deregulated power markets, electricity suppliers have the option to trade in the spot
market, derivatives market, and bilateral contract market. The spot market is always …

Risk-constrained profit maximization for microgrid aggregators with demand response

DT Nguyen, LB Le - IEEE Transactions on smart grid, 2014 - ieeexplore.ieee.org
In this paper, we consider the operation optimization for a microgrid (MG) aggregator, which
can procure energy from various sources including the pool market and local distributed …

Dynamic pricing and distributed energy management for demand response

L Jia, L Tong - IEEE Transactions on Smart Grid, 2016 - ieeexplore.ieee.org
The problem of dynamic pricing of electricity in a retail market is considered. A Stackelberg
game is used to model interactions between a retailer and its customers; the retailer sets the …

Scenario reduction for futures market trading in electricity markets

JM Morales, S Pineda, AJ Conejo… - IEEE Transactions on …, 2009 - ieeexplore.ieee.org
To make informed decisions in futures markets of electric energy, stochastic programming
models are commonly used. Such models treat stochastic processes via a set of scenarios …

Risk measure based robust bidding strategy for arbitrage using a wind farm and energy storage

AA Thatte, L **e, DE Viassolo… - IEEE Transactions on …, 2013 - ieeexplore.ieee.org
This paper proposes the use of a risk measure based robust optimization bidding strategy
for dispatching a wind farm in combination with energy storage. Through coordination with …

Let's trade in the future! A futures-enabled fast resource trading mechanism in edge computing-assisted UAV networks

M Liwang, Z Gao, X Wang - IEEE Journal on Selected Areas in …, 2021 - ieeexplore.ieee.org
Mobile edge computing (MEC) has emerged as one of the key technical aspects of the fifth-
generation (5G) networks. The integration of MEC with resource-constrained unmanned …

Risk-based assessment of the cost-efficiency and the effectivity of renewable energy support schemes: Certificate markets versus feed-in tariffs

R Fagiani, J Barquín, R Hakvoort - Energy policy, 2013 - Elsevier
The introduction of renewable energy sources in the electricity generation mix has the
potential to reduce power sector's emissions and countries' dependence on imported oil …

Optimization of electricity retailer's contract portfolio subject to risk preferences

J Kettunen, A Salo, DW Bunn - IEEE Transactions on Power …, 2009 - ieeexplore.ieee.org
When an electricity retailer faces volume risk in meeting load and spot price risk in
purchasing from the wholesale market, conventional risk management optimization methods …

A medium-term coalition-forming model of heterogeneous DERs for a commercial virtual power plant

M Shabanzadeh, MK Sheikh-El-Eslami, MR Haghifam - Applied Energy, 2016 - Elsevier
Within a medium-term market horizon, this research work provides a methodology that
allows a commercial virtual power plant (CVPP) to form an optimal coalition of …