Matches in SemOpenAlex for { <https://semopenalex.org/work/W4287018884> ?p ?o ?g. }
Showing items 1 to 50 of
50
with 100 items per page.
- W4287018884 abstract "An important revenue stream for electric battery operators is often arbitraging the hourly price spreads in the day-ahead auction. The optimal approach to this is challenging if risk is a consideration as this requires the estimation of density functions. Since the hourly prices are not normal and not independent, creating spread densities from the difference of separately estimated price densities is generally intractable. Thus, forecasts of all intraday hourly spreads were directly specified as an upper triangular matrix containing densities. The model was a flexible four-parameter distribution used to produce dynamic parameter estimates conditional upon exogenous factors, most importantly wind, solar and the day-ahead demand forecasts. These forecasts supported the optimal daily scheduling of a storage facility, operating on single and multiple cycles per day. The optimization is innovative in its use of spread trades rather than hourly prices, which this paper argues, is more attractive in reducing risk. In contrast to the conventional approach of trading the daily peak and trough, multiple trades are found to be profitable and opportunistic depending upon the weather forecasts." @default.
- W4287018884 created "2022-07-25" @default.
- W4287018884 creator A5033832888 @default.
- W4287018884 creator A5054151252 @default.
- W4287018884 date "2021-08-30" @default.
- W4287018884 modified "2023-10-17" @default.
- W4287018884 title "Optimal Daily Trading of Battery Operations Using Arbitrage Spreads" @default.
- W4287018884 doi "https://doi.org/10.48550/arxiv.2108.13511" @default.
- W4287018884 hasPublicationYear "2021" @default.
- W4287018884 type Work @default.
- W4287018884 citedByCount "0" @default.
- W4287018884 crossrefType "posted-content" @default.
- W4287018884 hasAuthorship W4287018884A5033832888 @default.
- W4287018884 hasAuthorship W4287018884A5054151252 @default.
- W4287018884 hasBestOaLocation W42870188841 @default.
- W4287018884 hasConcept C10138342 @default.
- W4287018884 hasConcept C106159729 @default.
- W4287018884 hasConcept C139719470 @default.
- W4287018884 hasConcept C149782125 @default.
- W4287018884 hasConcept C160623529 @default.
- W4287018884 hasConcept C162324750 @default.
- W4287018884 hasConcept C195487862 @default.
- W4287018884 hasConcept C32239851 @default.
- W4287018884 hasConcept C41008148 @default.
- W4287018884 hasConceptScore W4287018884C10138342 @default.
- W4287018884 hasConceptScore W4287018884C106159729 @default.
- W4287018884 hasConceptScore W4287018884C139719470 @default.
- W4287018884 hasConceptScore W4287018884C149782125 @default.
- W4287018884 hasConceptScore W4287018884C160623529 @default.
- W4287018884 hasConceptScore W4287018884C162324750 @default.
- W4287018884 hasConceptScore W4287018884C195487862 @default.
- W4287018884 hasConceptScore W4287018884C32239851 @default.
- W4287018884 hasConceptScore W4287018884C41008148 @default.
- W4287018884 hasLocation W42870188841 @default.
- W4287018884 hasLocation W42870188842 @default.
- W4287018884 hasOpenAccess W4287018884 @default.
- W4287018884 hasPrimaryLocation W42870188841 @default.
- W4287018884 hasRelatedWork W1484444123 @default.
- W4287018884 hasRelatedWork W1626004653 @default.
- W4287018884 hasRelatedWork W2002891360 @default.
- W4287018884 hasRelatedWork W2030617584 @default.
- W4287018884 hasRelatedWork W2059805475 @default.
- W4287018884 hasRelatedWork W2060726353 @default.
- W4287018884 hasRelatedWork W2333321896 @default.
- W4287018884 hasRelatedWork W3121933910 @default.
- W4287018884 hasRelatedWork W3123098246 @default.
- W4287018884 hasRelatedWork W3193324037 @default.
- W4287018884 isParatext "false" @default.
- W4287018884 isRetracted "false" @default.
- W4287018884 workType "article" @default.