This paper tackles the challenging problem of finding global optimal solutions for two-stage
stochastic programs with continuous decision variables and nonconvex recourse functions …

This research work is motivated by the need for effective demand response management
(DRM) in smart grid systems. DRM is critical in optimizing the energy load by adjusting the …

This paper studies two-stage stochastic programs with polynomial defining functions and
continuous random distributions. We propose to find an efficient polynomial lower bound …

Electricity markets typically operate in two stages, day-ahead and real-time. Despite best
efforts striving efficiency, evidence of price manipulation has called for system-level market …

This thesis studies electricity markets and analyzes market mechanisms-operation rules for
participants in achieving supply-demand balance, to understand how competition between …

The current trading methods for mid-and-long-term transactions are insufficient to meet
energy demands and limit trading opportunities as renewable energy resources integrate …

With the development of science and technology, renewable energy for electricity plays an
increasingly important role in people's lives. In order to provide users with high-quality …