Risk-averse profit-based optimal scheduling of a hydro-chain in the day-ahead electricity market.
Javier García-GonzálezErnesto ParrillaAlicia MateoPublished in: Eur. J. Oper. Res. (2007)
Keyphrases
- electricity markets
- optimal scheduling
- risk averse
- profit maximizing
- risk neutral
- market clearing
- electric power
- stochastic programming
- decision makers
- utility function
- unit commitment
- scheduling problem
- software agents
- scheduling algorithm
- power generation
- wind power
- bidding strategies
- portfolio management
- decision making
- short term
- market participants
- expected utility
- optimal solution
- business models
- multistage
- decision support system
- portfolio optimization
- portfolio selection
- robust optimization