6 The available water in a catchment depends on where and when the water is taken. This raises 7 considerable man-made uncertainty in water availability. Partly due to this uncertainty, catchments are 8 over-allocated almost everywhere. The over-allocation problem could be managed more effectively if 9 catchment managers could match users’ rights to the available water. In this paper, I show ho...

Within the framework of multi-stage mixed-integer linear stochastic programming we develop a short-term production plan for a price-taking hydropower plant operating under uncertainty. Current production must comply with the day-ahead commitments of the previous day which makes short-term production planning a matter of spatial distribution among the reservoirs of the plant. Day-ahead market pr...

Given a corpus of financial news labelled according to the market reaction following their publication, we investigate cotemporeneous and forward-looking price stock movements. Our approach is to provide a pool of relevant textual features to a machine learning algorithm to detect substantial stock price variations. Our two working hypotheses are that the market reaction to a news is a good ind...

This paper provides a self scheduling tool for price taker Gencos. This methodology is based on Robust Optimization (RO) to deal with the uncertainties of market price values in the dayahead electricity pool market. The Genco is assumed to be the entity who decides about the operating schedules of its thermal units and Compressed Air Energy Storage (CAES) units. The benefits of Genco brought by...

Britain was the exemplar of electricity market reform, demonstrating the importance of ownership unbundling and workable competition in generation and supply. Privatisation created de facto duopolies that supported increasing price-cost margins and induced excessive (English) entry. Concentration was ended by trading horizontal for vertical integration in subsequent mergers. Competition arrived...

The 2008-2009 crisis created large dislocations in the U.S. labor market: some sectors, locations, and occupations were more affected than others. As a result, researchers have been looking at the possibility of structural changes in labor market functioning, which may have created mismatches between available labor and employment opportunities; thus raising equilibrium levels of unemployment. ...

Recruiters traditionally attempt to meet their mission by targeting youth who plan to graduate from high school but have no immediate plans to attend college. As discussed in Chapter One, this group has not grown in the last two decades whereas the number of young people attending college right after high school has been rising steadily. This chapter explores whether college-bound youth are lik...

This paper presents some simulations of the proposed California power exchange, or pool, as it might interact with the regional market in the Western U.S. Pooling will increase interdependence with the regional market. We study this using a multi area chronological production simulation model. We find that overall operating economies resulting from pooling are small. Physical changes in the dis...