Logo of Humboldt-Universität zu BerlinLogo of Humboldt-Universität zu Berlin
edoc-Server
Open-Access-Publikationsserver der Humboldt-Universität
de|en
Header image: facade of Humboldt-Universität zu Berlin
View Item 
  • edoc-Server Home
  • Elektronische Zeitschriften
  • Stochastic Programming E-print Series (SPEPS)
  • Volume 2006
  • View Item
  • edoc-Server Home
  • Elektronische Zeitschriften
  • Stochastic Programming E-print Series (SPEPS)
  • Volume 2006
  • View Item
JavaScript is disabled for your browser. Some features of this site may not work without it.
All of edoc-ServerCommunity & CollectionTitleAuthorSubjectThis CollectionTitleAuthorSubject
PublishLoginRegisterHelp
StatisticsView Usage Statistics
All of edoc-ServerCommunity & CollectionTitleAuthorSubjectThis CollectionTitleAuthorSubject
PublishLoginRegisterHelp
StatisticsView Usage Statistics
View Item 
  • edoc-Server Home
  • Elektronische Zeitschriften
  • Stochastic Programming E-print Series (SPEPS)
  • Volume 2006
  • View Item
  • edoc-Server Home
  • Elektronische Zeitschriften
  • Stochastic Programming E-print Series (SPEPS)
  • Volume 2006
  • View Item
2006-04-15Buch DOI: 10.18452/8357
Stochastic programming for optimizing bidding strategies of a nordic hydropower producer
Fleten, Stein-Erik
Kristoffersen, Trine Krogh
From the point of view of a price-taking hydropower producer participating in the day-ahead power market, market prices are highly uncertain. The present paper provides a model for determining optimal bidding strategies taking into account this uncertainty. In particular, realistic market price scenarios are generated and a stochastic mixed-integer linear programming model that takes in both production and physical trading aspects is developed. The idea is to explore the effects of including uncertainty into the optimization model and to compare the stochastic approach to a deterministic one. The model is illustrated with data from a Norwegian hydropower producer and the Nordic power market at Nord Pool.
Files in this item
Thumbnail
8.pdf — Adobe PDF — 285.6 Kb
MD5: 2217f7019323b46d2f9928f604de2b05
Cite
BibTeX
EndNote
RIS
InCopyright
Details
DINI-Zertifikat 2019OpenAIRE validatedORCID Consortium
Imprint Policy Contact Data Privacy Statement
A service of University Library and Computer and Media Service
© Humboldt-Universität zu Berlin
 
DOI
10.18452/8357
Permanent URL
https://doi.org/10.18452/8357
HTML
<a href="https://doi.org/10.18452/8357">https://doi.org/10.18452/8357</a>