Spot trading strategy considering multiple constraints for electricity retailers

Medium-Term Electricity Trading Strategies for Producers, Consumers and Retailers

Within a yearly time framework this tutorial paper describes stochastic programming models to determine the electricity market strategies pertaining to producers, consumers and retailers. A year-ahead forward market and a day-ahead pool market are considered. Hourly pool prices as well as the hourly demands of consumers and retailers are modeled as stochastic variables. Decisions pertaining to ...

Towards a European Market of Electricity : Spot and Derivatives Trading

Agent Collaboration for Multiple Trading Strategy Integration

The collaboration of agents can undertake complicated tasks that cannot be handled well by a single agent. This is even true for excecuting multiple goals at the same time. In this paper, we demonstrate the use of trading agent collaboration in integrating multiple trading strategies. Trading agents are used for developing quality trading strategies to support smart actions in the market. Evolu...

Two-echelon Supply Chain Considering Multiple Retailers with Price and Promotional Effort Sensitive Non-linear Demand

This study deals with the effects of a supply chain (SC) with single product, multiple retailers and a manufacturer, where the manufacturer(he) produces lotsize of the product that contains a random portion of imperfect quality item. The imperfect quality products are sold in a secondary shop. The new contribution of this paper is a new non-linear demand function. Demand of the end customers va...

A new index for electricity spot markets

Different indexes are used in electricity markets worldwide to represent the daily behavior of spot prices. However, the peculiarities of these markets require a careful choice of the index, based on mathematical formulation and its statistical properties. Choosing a bad index may influence the financial policies of market players, since derivative pricing and hedging performance can be deeply ...