Weekly Self-Scheduling, Forward Contracting, and Offering Strategy for a Producer

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dc.contributor.authorGarces, Lina P. [UNESP]
dc.contributor.authorConejo, Antonio J.
dc.contributor.institutionUniversidade Estadual Paulista (Unesp)
dc.contributor.institutionUniv Castilla La Mancha
dc.date.accessioned2014-05-20T15:32:55Z
dc.date.available2014-05-20T15:32:55Z
dc.date.issued2010-05-01
dc.description.abstractWithin a weekly market horizon, this paper considers a power producer that sells its energy both in the pool and through weekly forward contracts. The paper provides a methodology that allows the producer to derive the self-scheduling of its production units, to select weekly forward contracts, and to obtain the offering strategy for Monday's pool. The proposed technique is based on stochastic programming and allows the producer to maximize its expected profit while controlling the risk of profit variability. A comprehensive case study is used to illustrate the characteristics of the proposed methodology. Appropriate conclusions are finally drawn.en
dc.description.affiliationUniv Estadual Paulista, Ilha Solteira, Brazil
dc.description.affiliationUniv Castilla La Mancha, E-13071 Ciudad Real, Spain
dc.description.affiliationUnespUniv Estadual Paulista, Ilha Solteira, Brazil
dc.description.sponsorshipGovernment of Castilla-La Mancha
dc.description.sponsorshipMinistry of Education and Science of Spain, CICYT
dc.description.sponsorshipIdGovernment of Castilla-La Mancha: PCI08-0102
dc.description.sponsorshipIdMinistry of Education and Science of Spain, CICYT: DPI2006-08001
dc.format.extent657-666
dc.identifierhttp://dx.doi.org/10.1109/TPWRS.2009.2032658
dc.identifier.citationIEEE Transactions on Power Systems. Piscataway: IEEE-Inst Electrical Electronics Engineers Inc, v. 25, n. 2, p. 657-666, 2010.
dc.identifier.doi10.1109/TPWRS.2009.2032658
dc.identifier.issn0885-8950
dc.identifier.urihttp://hdl.handle.net/11449/41695
dc.identifier.wosWOS:000285051800008
dc.language.isoeng
dc.publisherInstitute of Electrical and Electronics Engineers (IEEE)
dc.relation.ispartofIEEE Transactions on Power Systems
dc.relation.ispartofjcr5.255
dc.relation.ispartofsjr2,742
dc.rights.accessRightsAcesso restrito
dc.sourceWeb of Science
dc.subjectOffering strategyen
dc.subjectrisk managementen
dc.subjectstochastic programmingen
dc.subjectweekly forward contractingen
dc.subjectweekly self-schedulingen
dc.titleWeekly Self-Scheduling, Forward Contracting, and Offering Strategy for a Produceren
dc.typeArtigo
dcterms.licensehttp://www.ieee.org/publications_standards/publications/rights/rights_policies.html
dcterms.rightsHolderIEEE-Inst Electrical Electronics Engineers Inc

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