Day-ahead bidding strategies for demand-side expected cost minimization.
Italo AtzeniLuis Garcia OrdóñezGesualdo ScutariDaniel P. PalomarJavier Rodríguez FonollosaPublished in: SmartGridComm (2012)
Keyphrases
- expected cost
- bidding strategies
- cost function
- market clearing
- long run
- optimal strategy
- electricity markets
- online auctions
- expected utility
- test bed
- objective function
- resource allocation
- continuous double auctions
- empirical data
- auction mechanisms
- linear programming
- inventory level
- influence diagrams
- knapsack problem
- market participants