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- W2365038601 abstract "In the electricity market,a generation company(GenCo) needs to predict the electricity prices in various markets to develop an optimal Allocation strategy.It is widely assumed in the existing literature that the loss function of the GenCo is continuous,but this assumption may not stand in actual electricity markets.Given this background,a semi-absolute deviation based dynamic model is presented for developing the optimal electricity purchasing strategy in multiple markets by quantizing the risk and expected revenue rate of Genco.By employing this model,a GenCo can reasonably allocate the electricity amount to be generated among various markets to make a compromise between profit and risk.The developed method provides GenCos a new tool for assisting power allocating and risk management.Finally,sample examples are served for demonstrating the essential features of the developed model and method." @default.
- W2365038601 created "2016-06-24" @default.
- W2365038601 creator A5090207602 @default.
- W2365038601 date "2011-01-01" @default.
- W2365038601 modified "2023-09-25" @default.
- W2365038601 title "Dynamical power allocation strategy and model for generation company based on semi-absolute deviation" @default.
- W2365038601 hasPublicationYear "2011" @default.
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