The Infona portal uses cookies, i.e. strings of text saved by a browser on the user's device. The portal can access those files and use them to remember the user's data, such as their chosen settings (screen view, interface language, etc.), or their login data. By using the Infona portal the user accepts automatic saving and using this information for portal operation purposes. More information on the subject can be found in the Privacy Policy and Terms of Service. By closing this window the user confirms that they have read the information on cookie usage, and they accept the privacy policy and the way cookies are used by the portal. You can change the cookie settings in your browser.
As an effective measure for regulating the greenhouse gas emissions, Emission Trading Scheme (ETS) has been widely implemented. Market designers and participants are in urgent need of decision-support tools with quantitative risk analysis capability. However, one of the biggest challenges lies in that the physical laws, economic laws and human behaviors are intertwined in the emission risk prevention...
Managing electricity market risks is crucial for market participants. For electricity price risk management, expectation and standard deviation of price, along with possible occurrence of price spike, need to be assessed in order to support further risk control. In this paper, a hybrid probabilistic assessment method based on adaptive importance sampling (AIS) and sequential importance sampling (SIS)...
A new probabilistic optimal power flow method is developed to manage electricity market price risk. The proposed method is an adaptive importance sampling method which based on the principle of importance sampling and reinforcement learning. The estimation result of conventional Monte Carlo simulation is taken as benchmark. Case study is conducted on IEEE 39-Bus system to compare the proposed method...
There are two compensation methods for interruptible loads (ILs), namely low price compensation before supply unavailability and high price compensation after supply unavailability. Low price compensation is independent of power supply unavailability, while the high compensation is performed only after actual power supply unavailability. However, the IL with low price (ILL) and the IL with high price...
Set the date range to filter the displayed results. You can set a starting date, ending date or both. You can enter the dates manually or choose them from the calendar.