Medium-term planning for thermal electricity production

DOI10.1007/s00291-013-0340-9zbMath1305.90319OpenAlexW2046070039MaRDI QIDQ480763

Florentina Paraschiv, Raimund M. Kovacevic

Publication date: 11 December 2014

Published in: OR Spectrum (Search for Journal in Brave)

Full work available at URL: http://doc.rero.ch/record/325273/files/291_2013_Article_340.pdf

zbMATH Keywords

multistage stochastic programmingelectricity productionmodeling commodity spot pricestree generation

Mathematics Subject Classification ID

Stochastic programming (90C15) Production models (90B30) Production theory, theory of the firm (91B38) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

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• Commodity price modelling that matches current observables: a new approach
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• Option pricing when underlying stock returns are discontinuous

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