Authors
Patrizia Beraldi, Antonio Violi, Gianluca Carrozzino, Maria Elena Bruni
Publication date
2018/8/1
Journal
Computers & Operations Research
Volume
96
Pages
200-212
Publisher
Pergamon
Description
The paper focuses on the optimal management of distributed energy resources aggregated within a coalition. The problem is analyzed from the viewpoint of an aggregator, seen as an entity called to optimize the available resources so to satisfy the aggregated demand by eventually trading in the Day-Ahead Electricity Market. Both a full and a residual perspective in the management of the integrated resources is investigated and compared. The inherent uncertainty affecting the optimal decision problem, mainly related to the demand profile, electricity prices and production from renewable sources, is dealt by adopting the two-stage stochastic programming paradigm. The proposed models (different for the full and residual case) present a bi-objective function, integrating the expected profit and a risk measure, the Conditional Value at Risk, to control undesirable effects caused by the random variations of the …
Scholar articles
P Beraldi, A Violi, G Carrozzino, ME Bruni - Computers & Operations Research, 2018