Search Results - subject:"price-based unit commitment"

A VaR-based price-based unit commitment framework for generation asset valuation under electricity price risk

Chen, Shih-Ying; Lin, Kuen-Lin; Tsai, Ming-Tang - In: Risks : open access journal 14 (2026) 2, pp. 1-18

-aware framework for generation asset valuation by embedding Value-at-Risk (VaR) into a Price-Based Unit Commitment (PBUC) model. VaR …

Persistent link: https://www.econbiz.de/10015614368

Price-based unit commitment electricity storage arbitrage with piecewise linear price-effects

Brijs, Tom; Geth, Frederik; Siddiqui, Sauleh; Hobbs, … - 2016

charging and decreasing peak prices when discharging. As such, there are two important assumptions in price-based unit … commitment arbitrage models: first, whether the storage operator is assumed to have perfect knowledge of future prices, and …

Persistent link: https://www.econbiz.de/10011446870

Price-based unit commitment electricity storage arbitrage with piecewise linear price-effects

Brijs, Tom; Geth, Frederik; Siddiqui, Sauleh; Hobbs, … - 2016

Persistent link: https://www.econbiz.de/10011449881

Coordination of hydro units with wind power generation based on RAROC

Liu, Yangyang; Jiang, Chuanwen; Shen, Jingshuang; Hu, Jiakai - In: Renewable Energy 80 (2015) C, pp. 783-792

Generating companies (GENCOs) with wind farms always suffer from the variations of wind power and energy prices. The coordination of wind power with hydro units is an effective way for GENCOs to enhance the ability of wind power dispatch, increase profit, and reduce risk. However, GENCOs still...

Persistent link: https://www.econbiz.de/10011263777

Generation risk assessment in volatile conditions with wind, hydro, and natural gas units

Sahin, Cem; Shahidehpour, Mohammad; Erkmen, Ismet - In: Applied Energy 96 (2012) C, pp. 4-11

model applies market price forecasts to the risk-constrained stochastic price-based unit commitment (PBUC) for calculating …

Persistent link: https://www.econbiz.de/10010702522

A new memetic algorithm approach for the price based unit commitment problem

Dimitroulas, Dionisios K.; Georgilakis, Pavlos S. - In: Applied Energy 88 (2011) 12, pp. 4687-4699

on an advanced memetic algorithm (MA) for the solution of price based unit commitment (PBUC) problem is proposed. The …

Persistent link: https://www.econbiz.de/10010571988