Risk-Sensitive Security-Constrained Economic Dispatch: Pricing and Algorithm Design
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Geoffrey Pritchard & Golbon Zakeri & Andrew Philpott, 2010. "A Single-Settlement, Energy-Only Electric Power Market for Unpredictable and Intermittent Participants," Operations Research, INFORMS, vol. 58(4-part-2), pages 1210-1219, August.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Victor M. Zavala & Kibaek Kim & Mihai Anitescu & John Birge, 2017.
"A Stochastic Electricity Market Clearing Formulation with Consistent Pricing Properties,"
Operations Research, INFORMS, vol. 65(3), pages 557-576, June.
- Victor M. Zavala & Kibaek Kim & Mihai Anitescu & John Birge, 2015. "A Stochastic Electricity Market Clearing Formulation with Consistent Pricing Properties," Papers 1510.08335, arXiv.org.
- Ordoudis, Christos & Pinson, Pierre & Morales, Juan M., 2019. "An Integrated Market for Electricity and Natural Gas Systems with Stochastic Power Producers," European Journal of Operational Research, Elsevier, vol. 272(2), pages 642-654.
- Ordoudis, Christos & Delikaraoglou, Stefanos & Kazempour, Jalal & Pinson, Pierre, 2020. "Market-based coordination of integrated electricity and natural gas systems under uncertain supply," European Journal of Operational Research, Elsevier, vol. 287(3), pages 1105-1119.
- Sarfati, Mahir & Hesamzadeh, Mohammad Reza & Biggar, Darryl R. & Baldick, Ross, 2018. "Probabilistic pricing of ramp service in power systems with wind and solar generation," Renewable and Sustainable Energy Reviews, Elsevier, vol. 90(C), pages 851-862.
- Morales, Juan M. & Pineda, Salvador, 2017. "On the inefficiency of the merit order in forward electricity markets with uncertain supply," European Journal of Operational Research, Elsevier, vol. 261(2), pages 789-799.
- Xin Shi & Alberto J. Lamadrid L. & Luis F. Zuluaga, 2021. "Revenue Adequate Prices for Chance-Constrained Electricity Markets with Variable Renewable Energy Sources," Papers 2105.01233, arXiv.org.
- Domínguez, R. & Conejo, A.J. & Carrión, M., 2014. "Operation of a fully renewable electric energy system with CSP plants," Applied Energy, Elsevier, vol. 119(C), pages 417-430.
- Ratha, Anubhav & Pinson, Pierre & Le Cadre, Hélène & Virag, Ana & Kazempour, Jalal, 2023. "Moving from linear to conic markets for electricity," European Journal of Operational Research, Elsevier, vol. 309(2), pages 762-783.
- Javad Khazaei & Anthony Downward & Golbon Zakeri, 2014. "Modelling counter-intuitive effects on cost and air pollution from intermittent generation," Annals of Operations Research, Springer, vol. 222(1), pages 389-418, November.
- Mays, Jacob, 2024. "Sequential pricing of electricity," Energy Economics, Elsevier, vol. 137(C).
- Karaca, Orcun & Delikaraoglou, Stefanos & Hug, Gabriela & Kamgarpour, Maryam, 2022. "Enabling inter-area reserve exchange through stable benefit allocation mechanisms," Omega, Elsevier, vol. 113(C).
- Bjørndal, Endre & Bjørndal, Mette & Midthun, Kjetil & Tomasgard, Asgeir, 2018. "Stochastic electricity dispatch: A challenge for market design," Energy, Elsevier, vol. 150(C), pages 992-1005.
- Zhang, Weiqi & Zavala, Victor M., 2022. "Remunerating space–time, load-shifting flexibility from data centers in electricity markets," Applied Energy, Elsevier, vol. 326(C).
- Morales, Juan M. & Zugno, Marco & Pineda, Salvador & Pinson, Pierre, 2014. "Electricity market clearing with improved scheduling of stochastic production," European Journal of Operational Research, Elsevier, vol. 235(3), pages 765-774.
- Miguel Carrión & Rafael Zárate-Miñano & Ruth Domínguez, 2018. "A Practical Formulation for Ex-Ante Scheduling of Energy and Reserve in Renewable-Dominated Power Systems: Case Study of the Iberian Peninsula," Energies, MDPI, vol. 11(8), pages 1-22, July.
- Alberto J. Lamadrid & Hao Lu & Timothy D. Mount, 2024. "A simple way to integrate distributed storage into a wholesale electricity market," Journal of Regulatory Economics, Springer, vol. 65(1), pages 27-63, June.
- Daraeepour, Ali & Patino-Echeverri, Dalia & Conejo, Antonio J., 2019. "Economic and environmental implications of different approaches to hedge against wind production uncertainty in two-settlement electricity markets: A PJM case study," Energy Economics, Elsevier, vol. 80(C), pages 336-354.
- Bjørndal, Endre & Bjørndal, Mette & Midthun, Kjetil & Tomasgard, Asgeir, 2016. "Stochastic Electricity Dispatch: A challenge for market design," Discussion Papers 2016/11, Norwegian School of Economics, Department of Business and Management Science.
- Hohl, Cody & Lo Prete, Chiara & Radhakrishnan, Ashish & Webster, Mort, 2023. "Intraday markets, wind integration and uplift payments in a regional U.S. power system," Energy Policy, Elsevier, vol. 175(C).
- Jeanne Aslak Petersen & Ditte Heide-Jørgensen & Nina Detlefsen & Trine Boomsma, 2016. "Short-term balancing of supply and demand in an electricity system: forecasting and scheduling," Annals of Operations Research, Springer, vol. 238(1), pages 449-473, March.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:arx:papers:2502.14150. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: arXiv administrators (email available below). General contact details of provider: http://arxiv.org/ .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.