Matches in SemOpenAlex for { <https://semopenalex.org/work/W3088683090> ?p ?o ?g. }
- W3088683090 endingPage "106855" @default.
- W3088683090 startingPage "106855" @default.
- W3088683090 abstract "This paper proposes a bilevel stochastic optimization model for generating the optimal joint demand and virtual bidding strategy for a strategic retailer in the short-term electricity market, where virtual bidding is used to improve the retailer's market power in the day-ahead (DA) electricity market. In the proposed model, virtual bidding can be used at multiple buses, which are not limited to the locations of the demands of the strategic retailer. In the bilevel stochastic optimization model, the upper level problem maximizes the total profit of demand and virtual bidding, while the lower level problem represents the DA electricity market clearing process; the uncertain demands of the strategic retailer and real-time (RT) electricity prices in the market are represented by scenarios; and the Conditional Value at Risk (CVaR) is used for risk management. By using the duality theory, Karush–Kuhn–Tucker (KKT) conditions and big M method, the proposed bilevel nonlinear optimization model is converted into a single-level mixed-integer linear programming (MILP) problem, which can be solved efficiently by existing commercial solvers. Case studies are performed to validate the proposed model and study the impacts of various model parameters on the strategic retailer's joint demand and virtual bidding strategy." @default.
- W3088683090 created "2020-10-01" @default.
- W3088683090 creator A5016027942 @default.
- W3088683090 creator A5076983797 @default.
- W3088683090 creator A5081053650 @default.
- W3088683090 date "2021-01-01" @default.
- W3088683090 modified "2023-10-01" @default.
- W3088683090 title "Optimal joint demand and virtual bidding for a strategic retailer in the short-term electricity market" @default.
- W3088683090 cites W1647779468 @default.
- W3088683090 cites W1981592190 @default.
- W3088683090 cites W1991644919 @default.
- W3088683090 cites W2014301413 @default.
- W3088683090 cites W2019552886 @default.
- W3088683090 cites W2046673941 @default.
- W3088683090 cites W2053293490 @default.
- W3088683090 cites W2074376561 @default.
- W3088683090 cites W2075484602 @default.
- W3088683090 cites W2094377705 @default.
- W3088683090 cites W2111455278 @default.
- W3088683090 cites W2122072670 @default.
- W3088683090 cites W2154655848 @default.
- W3088683090 cites W2164762976 @default.
- W3088683090 cites W2267908469 @default.
- W3088683090 cites W2279029373 @default.
- W3088683090 cites W2324596960 @default.
- W3088683090 cites W2343216716 @default.
- W3088683090 cites W2519732683 @default.
- W3088683090 cites W2594006539 @default.
- W3088683090 cites W2608001695 @default.
- W3088683090 cites W2748817560 @default.
- W3088683090 cites W2781878335 @default.
- W3088683090 cites W2787699118 @default.
- W3088683090 cites W2955874387 @default.
- W3088683090 cites W2963745227 @default.
- W3088683090 cites W3123634157 @default.
- W3088683090 cites W846858325 @default.
- W3088683090 doi "https://doi.org/10.1016/j.epsr.2020.106855" @default.
- W3088683090 hasPublicationYear "2021" @default.
- W3088683090 type Work @default.
- W3088683090 sameAs 3088683090 @default.
- W3088683090 citedByCount "39" @default.
- W3088683090 countsByYear W30886830902021 @default.
- W3088683090 countsByYear W30886830902022 @default.
- W3088683090 countsByYear W30886830902023 @default.
- W3088683090 crossrefType "journal-article" @default.
- W3088683090 hasAuthorship W3088683090A5016027942 @default.
- W3088683090 hasAuthorship W3088683090A5076983797 @default.
- W3088683090 hasAuthorship W3088683090A5081053650 @default.
- W3088683090 hasConcept C119599485 @default.
- W3088683090 hasConcept C126255220 @default.
- W3088683090 hasConcept C127413603 @default.
- W3088683090 hasConcept C137836250 @default.
- W3088683090 hasConcept C146733006 @default.
- W3088683090 hasConcept C14981831 @default.
- W3088683090 hasConcept C162324750 @default.
- W3088683090 hasConcept C175444787 @default.
- W3088683090 hasConcept C187736073 @default.
- W3088683090 hasConcept C188573790 @default.
- W3088683090 hasConcept C206658404 @default.
- W3088683090 hasConcept C2776033628 @default.
- W3088683090 hasConcept C2779922397 @default.
- W3088683090 hasConcept C32896092 @default.
- W3088683090 hasConcept C3309286 @default.
- W3088683090 hasConcept C33923547 @default.
- W3088683090 hasConcept C41008148 @default.
- W3088683090 hasConcept C42475967 @default.
- W3088683090 hasConcept C50454189 @default.
- W3088683090 hasConcept C544738498 @default.
- W3088683090 hasConcept C5496284 @default.
- W3088683090 hasConcept C9233905 @default.
- W3088683090 hasConceptScore W3088683090C119599485 @default.
- W3088683090 hasConceptScore W3088683090C126255220 @default.
- W3088683090 hasConceptScore W3088683090C127413603 @default.
- W3088683090 hasConceptScore W3088683090C137836250 @default.
- W3088683090 hasConceptScore W3088683090C146733006 @default.
- W3088683090 hasConceptScore W3088683090C14981831 @default.
- W3088683090 hasConceptScore W3088683090C162324750 @default.
- W3088683090 hasConceptScore W3088683090C175444787 @default.
- W3088683090 hasConceptScore W3088683090C187736073 @default.
- W3088683090 hasConceptScore W3088683090C188573790 @default.
- W3088683090 hasConceptScore W3088683090C206658404 @default.
- W3088683090 hasConceptScore W3088683090C2776033628 @default.
- W3088683090 hasConceptScore W3088683090C2779922397 @default.
- W3088683090 hasConceptScore W3088683090C32896092 @default.
- W3088683090 hasConceptScore W3088683090C3309286 @default.
- W3088683090 hasConceptScore W3088683090C33923547 @default.
- W3088683090 hasConceptScore W3088683090C41008148 @default.
- W3088683090 hasConceptScore W3088683090C42475967 @default.
- W3088683090 hasConceptScore W3088683090C50454189 @default.
- W3088683090 hasConceptScore W3088683090C544738498 @default.
- W3088683090 hasConceptScore W3088683090C5496284 @default.
- W3088683090 hasConceptScore W3088683090C9233905 @default.
- W3088683090 hasFunder F4320312112 @default.
- W3088683090 hasFunder F4320312113 @default.
- W3088683090 hasLocation W30886830901 @default.
- W3088683090 hasOpenAccess W3088683090 @default.
- W3088683090 hasPrimaryLocation W30886830901 @default.
- W3088683090 hasRelatedWork W2900302301 @default.