Energy Procurement by Consumers

Antonio J. Conejo (), Miguel Carrión () and Juan M. Morales ()
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Antonio J. Conejo: University of Castilla – La Mancha
Miguel Carrión: University of Castilla – La Mancha
Juan M. Morales: University of Castilla – La Mancha

Chapter Chapter 9 in Decision Making Under Uncertainty in Electricity Markets, 2010, pp 323-355 from Springer

Abstract: Abstract We study in this chapter the electricity procurement problem faced by a large consumer. Such a consumer refers to an entity with a significant electricity consumption that participates in the electricity market, and has the capability of signing bilateral contracts with suppliers. Petrochemical industries, aluminum production complexes, or vehicle-assembling facilities are examples of large consumers. Supply sources available for the consumer include forward contracts, bilateral contracts, the pool, and self-production.

Keywords: Planning Horizon; Decision Framework; Electricity Demand; Scenario Tree; ARIMA Model (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:spr:isochp:978-1-4419-7421-1_9

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DOI: 10.1007/978-1-4419-7421-1_9

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