dc.contributor.author |
Pritchard, Geoffrey |
en |
dc.contributor.author |
Zakeri, Golbon |
en |
dc.contributor.author |
Philpott, Andrew |
en |
dc.date.accessioned |
2012-03-13T01:29:31Z |
en |
dc.date.issued |
2010-07 |
en |
dc.identifier.citation |
Operations Research 58(4 PART 2):1210-1219 2010 |
en |
dc.identifier.issn |
0030-364X |
en |
dc.identifier.uri |
http://hdl.handle.net/2292/14142 |
en |
dc.description.abstract |
We discuss a stochastic-programming-based method for scheduling electric power generation subject to uncertainty. Such uncertainty may arise from either imperfect forecasting or moment-to-moment fluctuations, and on either the supply or the demand side. The method gives a system of locational marginal prices that reflect the uncertainty, and these may be used in a market settlement scheme in which payment is for energy only. We show that this scheme is revenue adequate in expectation. |
en |
dc.language |
EN |
en |
dc.publisher |
INFORMS |
en |
dc.relation.ispartofseries |
Journal of the Institute of Operations Research and Management Sciences |
en |
dc.rights |
Items in ResearchSpace are protected by copyright, with all rights reserved, unless otherwise indicated. Previously published items are made available in accordance with the copyright policy of the publisher. Details obtained from http://www.sherpa.ac.uk/romeo/issn/0030-364X/ |
en |
dc.rights.uri |
https://researchspace.auckland.ac.nz/docs/uoa-docs/rights.htm |
en |
dc.subject |
STOCHASTIC SECURITY |
en |
dc.title |
A Single-Settlement, Energy-Only Electric Power Market for Unpredictable and Intermittent Participants |
en |
dc.type |
Journal Article |
en |
dc.identifier.doi |
10.1287/opre.1090.0800 |
en |
pubs.issue |
4 |
en |
pubs.begin-page |
1210 |
en |
pubs.volume |
58 |
en |
dc.rights.holder |
Copyright: INFORMS |
en |
pubs.end-page |
1219 |
en |
dc.rights.accessrights |
http://purl.org/eprint/accessRights/RestrictedAccess |
en |
pubs.subtype |
Article |
en |
pubs.elements-id |
81354 |
en |
pubs.org-id |
Engineering |
en |
pubs.org-id |
Engineering Science |
en |
pubs.org-id |
Science |
en |
pubs.org-id |
Statistics |
en |
pubs.record-created-at-source-date |
2010-09-01 |
en |