Scenario Tree Approximation and Risk Aversion Strategies for Stochastic Optimization of Electricity Production and Trading

DOI10.1007/978-3-540-88965-6_14zbMath1160.90608OpenAlexW144529378MaRDI QIDQ3628658

Werner Römisch, Andreas Eichhorn, Holger Heitsch

Publication date: 20 May 2009

Published in: Optimization in the Energy Industry (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/978-3-540-88965-6_14

Mathematics Subject Classification ID

Stochastic programming (90C15) Production theory, theory of the firm (91B38) Economic models of real-world systems (e.g., electricity markets, etc.) (91B74)