Optimal joint demand and virtual bidding for a strategic retailer in the short-term electricity market
Dongliang Xiao, Josue Campos do Prado, Wei Qiao
Topics & Concepts
BiddingBilevel optimizationKarush–Kuhn–Tucker conditionsCVARElectricity marketMathematical optimizationVirtual power plantComputer scienceMarket clearingStochastic optimizationElectricityOperations researchOptimization problemExpected shortfallMicroeconomicsEconomicsRenewable energyRisk managementDistributed generationEngineeringMathematicsManagementElectrical engineeringSmart Grid Energy ManagementElectric Power System OptimizationEnergy Load and Power Forecasting