Risk-Averse Optimal Bidding Strategy for Demand-Side Resource Aggregators in Day-Ahead Electricity Markets Under Uncertainty.
Zhiwei XuZechun HuYonghua SongJianhui WangPublished in: IEEE Trans. Smart Grid (2017)
Keyphrases
- risk averse
- bidding strategies
- electricity markets
- risk neutral
- expected utility
- market clearing
- resource allocation
- utility function
- decision makers
- optimal strategy
- electric power
- stochastic programming
- decision theory
- pareto optimal
- software agents
- portfolio management
- decision theoretic
- market participants
- business models
- decision problems
- online auctions
- test bed
- decision making
- influence diagrams
- market prices
- worst case
- long term