Short-Term Trading for Electricity Producers

Chefi Triki (), Antonio J. Conejo () and Lina P. Garcés ()
Additional contact information
Chefi Triki: University of Salento
Antonio J. Conejo: University of Castilla-La Mancha
Lina P. Garcés: Paulista State University

Chapter Chapter 9 in Stochastic Optimization Methods in Finance and Energy, 2011, pp 181-201 from Springer

Abstract: Abstract This chapter considers a price-taker power producer that trades in an electricity pool and provides models for weekly scheduling, contracting, and daily offering. On a weekly basis, a stochastic programming model is formulated to derive the on–off schedule of the production units, the contracting for the entire week and the offering curves for Monday day-ahead market. On a daily basis, a different stochastic programming model is formulated to derive the offering curve in the day-ahead markets of weekdays other than Monday. As a spinoff of the daily model, offering curves for adjustment markets within each day are also derived. Two illustrative examples clarify the models proposed.

Keywords: Price-taker power producer; Weekly scheduling; Weekly contracting; Daily offering; Multi-stage stochastic programming; Risk; CVaR (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:isochp:978-1-4419-9586-5_9

Ordering information: This item can be ordered from
http://www.springer.com/9781441995865

DOI: 10.1007/978-1-4419-9586-5_9

Access Statistics for this chapter

More chapters in International Series in Operations Research & Management Science from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().