Extensions for Benders cuts and new valid inequalities for solving the European day-ahead electricity market clearing problem efficiently.
Gökhan CeyhanMurat KöksalanBanu LokmanPublished in: Eur. J. Oper. Res. (2022)
Keyphrases
- electricity markets
- valid inequalities
- unit commitment
- integer programming problems
- mixed integer programming
- market clearing
- electric power
- facet defining
- bidding strategies
- integer program
- wind power
- integer programming
- mixed integer
- software agents
- network design problem
- lower and upper bounds
- linear programming
- cutting plane
- lp relaxation
- market prices
- power generation
- column generation
- traveling salesman problem
- market participants
- minimum cost
- feasible solution
- convex hull
- short term
- continuous variables
- combinatorial optimization
- primal dual
- business models
- genetic algorithm
- supply chain
- evolutionary algorithm