Article ID Journal Published Year Pages File Type
474005 Computers & Operations Research 2008 11 Pages PDF
Abstract

The bilateral contract selection and bids definition constitute a strategic issue for electric energy producers that operate in competitive markets, as the liberalized electricity ones. In this paper we propose a two-stage stochastic integer programming model for the integrated optimization of power production and trading which include a specific measure accounting for risk management. We solve the model by means of a novel enumerative solution approach that exploits the particular problem structure. Finally, we report some preliminary computational experiments.

Related Topics
Physical Sciences and Engineering Computer Science Computer Science (General)
Authors
, , ,