Optimization models have been widely used in the power industry to aid the decision-
making process of scheduling and dispatching electric power generation resources, a …

Abstract The Unit Commitment problem in energy management aims at finding the optimal
production schedule of a set of generation units, while meeting various system-wide …

The increasing penetration of renewable energy in power grids introduces higher levels of
uncertainty, while current decision-making models typically favour either a risk-averse or risk …

World's electricity industry is looking for ways to improve production, distribution, and
electricity transmission in recent years. To achieve comprehensive economic and social …

This book is the first in the market to treat single-and multi-period risk measures (risk
functionals) in a thorough, comprehensive manner. It combines the treatment of properties of …

Electricity price forecasts are imperfect. Therefore, a merchant energy storage facility
requires a bidding and offering strategy for purchasing and selling the electricity to manage …

This paper investigates the real-time scheduling of residential appliances in the home
energy management system (HEMS), including electric water heater (EWH), air conditioner …

Abstract VPP (Virtual Power Plant) is defined as a cluster of energy conversion/storage units
which are centrally operated in order to improve the technical and economic performance …

This paper provides an overview of the key contributions within the planning and scheduling
communities with specific emphasis on uncertainty analysis. As opposed to focusing in one …

In a competitive electricity market, a generation company (GenCo) optimizes its operation
schedules, referred to as self-scheduling, in order to maximize its profit. However, various …