Weekly self-scheduling, forward contracting, and pool involvement for an electricity producer. An adaptive robust optimization approach
Optimization of the self-scheduling, and market strategy of an electricity producer. An adaptive two-stage robust optimization model is proposed, two variants are considered. Two case studies are analyzed, and several instances are investigated. Risk analysis are made by solving each instance for multiple values of budget parameters. The two variants of the algorithms have a similar performance, with some exceptions.
robust optimization or in energy electricity market renewable energy