Combining predictive distributions of electricity prices. Does minimizing the CRPS lead to optimal decisions in day-ahead bidding?
Weronika NitkaRafal WeronPublished in: Oper. Res. Decis. (2023)
Keyphrases
- electricity markets
- optimal decisions
- bidding strategies
- market clearing
- electric power
- globally optimal
- unit commitment
- software agents
- market prices
- decision making
- power generation
- preference elicitation
- wind power
- market participants
- decision theory
- auction mechanisms
- business models
- short term
- state space
- online auctions
- long term
- computational complexity
- multi criteria
- supply chain
- expert systems
- artificial intelligence