Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
474005 | Computers & Operations Research | 2008 | 11 Pages |
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
Patrizia Beraldi, Domenico Conforti, Antonio Violi,