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Item Details
| Title:
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DECISION MAKING UNDER UNCERTAINTY IN ELECTRICITY MARKETS
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| By: |
Antonio J. Conejo, Miguel Carrion, Juan M. Morales |
| Format: |
Hardback |
| List price:
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£349.99 |
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We currently do not stock this item, please contact the publisher directly for
further information.
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| ISBN 10: |
1441974202 |
| ISBN 13: |
9781441974204 |
| Publisher: |
SPRINGER-VERLAG NEW YORK INC. |
| Pub. date: |
1 September, 2010 |
| Edition: |
2010 ed. |
| Series: |
International Series in Operations Research & Management Science 153 |
| Pages: |
542 |
| Description: |
This book provides models and procedures to be used by electricity market agents to make informed decisions under uncertainty. These procedures rely on well established stochastic programming models, which make them efficient and robust. |
| Synopsis: |
Decision Making Under Uncertainty in Electricity Markets provides models and procedures to be used by electricity market agents to make informed decisions under uncertainty. These procedures rely on well established stochastic programming models, which make them efficient and robust. Particularly, these techniques allow electricity producers to derive offering strategies for the pool and contracting decisions in the futures market. Retailers use these techniques to derive selling prices to clients and energy procurement strategies through the pool, the futures market and bilateral contracting. Using the proposed models, consumers can derive the best energy procurement strategies using the available trading floors. The market operator can use the techniques proposed in this book to clear simultaneously energy and reserve markets promoting efficiency and equity. The techniques described in this book are of interest for professionals working on energy markets, and for graduate students in power engineering, applied mathematics, applied economics, and operations research. |
| Illustrations: |
143 Tables, black and white; XVIII, 542 p. |
| Publication: |
US |
| Imprint: |
Springer-Verlag New York Inc. |
| Returns: |
Returnable |
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