Multistage stochastic demand-side management for price-making major consumers of electricity in a co-optimized energy and reserve market.
Mahbubeh HabibianAnthony DownwardGolbon ZakeriPublished in: Eur. J. Oper. Res. (2020)
Keyphrases
- multistage stochastic
- power generation
- stochastic programming
- market participants
- linear program
- demand forecasting
- electricity consumption
- decision making
- electricity markets
- multistage
- portfolio selection
- capacity expansion
- integer program
- energy consumption
- electric power
- power system
- cutting plane
- project management
- financial markets
- stock price
- historical data
- short term
- pricing strategies
- risk management
- stock market
- cost function
- renewable energy
- lower bound
- optimal solution