Erling Pettersen, University of Science and Technology, Trondheim
(SPEPS)
IEEE - Institute of Electrical and Electronics Engineers (New York, NY)
To export the complete metadata set as Endote or Bibtex format please click to the appropriate link.
| edoc-Server der Humboldt-Universität zu Berlin |
| Author(s): |
Stein-Erik Fleten, University of Science and Technology, Trondheim Erling Pettersen, University of Science and Technology, Trondheim | Title: | Optimization of physical purchasing for a price-taking retailer in the Norwegian electricity market |
| Date of Acceptance: | 11.03.2005 |
| Submission Date: | 17.09.2004 |
| Series Title: |
Stochastic Programming E-Print Series (SPEPS) |
| Editors: | Julie L. Higle; Werner Römisch; Surrajeet Sen |
| Keywords (eng): | Electricity markets, demand-side bidding, stochastic optimization |
| Appeared in: |
IEEE transactions on power systems : a publication of the Power Engineering Society 2 (Vol. 20, 2005)
IEEE - Institute of Electrical and Electronics Engineers (New York, NY) |
| Metadata export:
To export the complete metadata set as Endote or Bibtex format please click to the appropriate link.
|
Endnote Bibtex |
| Abstract (eng): | ||||||||||||||||||||||||||||||||||||
| We propose a stochastic linear programming model for constructing piecewise linear bidding curves to be submitted to Nord Pool, the Nordic power exchange. We consider the case of a price-taking power marketer who supplies electricity to pricesensitive end users. The objective is to minimize the expected cost of purchasing power from the day-ahead energy market and the short term balancing market. The model is illustrated using a case study with data from Norway. | ||||||||||||||||||||||||||||||||||||
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