Statistical Measure for Risk-seeking Stochastic Wind Power Offering Strategies in Electricity Markets
This study proposes a statistical measure and a stochastic optimization model for generating risk-seeking wind power offering strategies in electricity markets. Inspired by the value at risk (VaR) to quantify risks in the worst-case scenarios of a profit distribution, a statistical measure is propos...
Main Authors: | Dongliang Xiao, Haoyong Chen, Chun Wei, Xiaoqing Bai |
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Format: | Article |
Language: | English |
Published: |
IEEE
2022-01-01
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Series: | Journal of Modern Power Systems and Clean Energy |
Subjects: | |
Online Access: | https://ieeexplore.ieee.org/document/9642711/ |
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