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Mathematical programming and electricity markets

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dc.affiliation.dptoUC3M. Departamento de Estadísticaes
dc.contributor.authorConejo, Antonio J.
dc.contributor.authorPrieto, Francisco J.
dc.date.accessioned2012-10-03T13:59:42Z
dc.date.available2012-10-03T13:59:42Z
dc.date.issued2001
dc.description.abstractThe electric power industry in Europe and all over the world is undertaking major regulatory and operational changes. The underlying rationale behind all these changes is to move from a centralized operation approach to a competitive one. That is, the understanding of power supply as a public service is being replaced by the notion that a competitive market is a more appropriate framework to supply reliable and cheap electric energy to consumers. In some cases, the aforementioned transition process has included the privatization of power utilities. This new framework requires new tools and procedures, and some of these procedures drastically differ from traditional ones. Therefore, new challenging mathematical programming and operations research problems naturally arise in this context. This paper provides a review of some of these problems, particularly operational problems spanning a time horizon from one day to one year. The approach adopted emphasizes mathematical programming issues, describing the structure and characteristics of these problems and suggesting appropriate solution techniques
dc.description.statusPublicado
dc.format.mimetypeapplication/pdf
dc.identifier.bibliographicCitationTOP, 2001, v. 9, p. 1-21
dc.identifier.doi10.1007/BF02579062
dc.identifier.issn1134-5764
dc.identifier.publicationfirstpage1
dc.identifier.publicationlastpage21
dc.identifier.publicationtitleTOP
dc.identifier.publicationvolume9
dc.identifier.urihttps://hdl.handle.net/10016/15538
dc.language.isoeng
dc.publisherSpringer
dc.relation.publisherversionhttp://dx.doi.org/10.1007/BF02579062
dc.rights© Springer
dc.rights.accessRightsopen access
dc.subject.ecienciaEstadística
dc.subject.otherElectric power
dc.subject.otherCompetitive markets
dc.subject.otherLarge-scale optimization
dc.subject.otherMixed-integer optimization
dc.titleMathematical programming and electricity markets
dc.typeresearch article*
dc.type.hasVersionAM*
dspace.entity.typePublication
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