recently published fulltext publications
We present a medium-term planning model for hydropower production based on multistage stochastic programming (MSP). The model determines a production schedule for a planning horizon of one year where decisions are made on generation, pumping or spillover. While in reality a production schedule must be determined with (at least) hourly time ...
We present a medium-term planning model for hydropower production based on multistage stochastic programming. We decide about a production schedule for a horizon of one year from the point of view of a producer that owns pumped-storage hydropower plants. These consist of large, seasonal connected reservoirs. We consider stochastic inflows, ...
Day-ahead electricity prices are generally used as reference prices for decisions
done in energy trading, e.g. purchase and sale strategies are typically
based on the day-ahead spot prices. Therefore, well-performing forecast
methods for day-ahead electricity prices are essential for energy traders and
In this paper, a ...