A stochastic programming model for the thermal optimal day-ahead bid problem with physical futures contracts

DOI10.1016/j.cor.2011.01.008zbMath1210.91036OpenAlexW2113525228MaRDI QIDQ716340

Cristina Corchero, F.-Javier Heredia

Publication date: 28 April 2011

Published in: Computers \& Operations Research (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/2117/14109

zbMATH Keywords

stochastic programmingOR in energyfutures contractselectricity day-ahead marketoptimal bid

Mathematics Subject Classification ID

Stochastic programming (90C15) Microeconomic theory (price theory and economic markets) (91B24) Auctions, bargaining, bidding and selling, and other market models (91B26)

Related Items

Optimal design of bilateral contracts for energy procurement, A stochastic programming approach for the optimal management of aggregated distributed energy resources, A stochastic programming model for the optimal electricity market bid problem with bilateral contracts for thermal and combined cycle units, A new optimal electricity market bid model solved through perspective cuts

Uses Software

• AMPL
• CPLEX

Cites Work

• Unnamed Item
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• Necessary and Sufficient Conditions for Optimal Offers in Electricity Markets
• Optimal Offer Construction in Electricity Markets