Participants in deregulated electricity markets face risks from price volatility due to various factors, including fuel prices, renewable energy production, demand, and crises such as COVID-19 energy-related issues. Price forecasting is used mitigate risk trading goods which have high volatility. Forecasting difficult challenging attributed many unpredictable factors. This work studies reports ...

There are many factors that influence the day-ahead market bidding strategies of a generation company (GenCo) within the framework of the current energy market. Environmental policy issues are giving rise to emission limitation that are becoming more and more important for fossil-fueled power plants, and these must be considered in their management. This work investigates the influence of the e...

We propose a simple model that integrates twoperiod electricity markets, uncertainty in renewable generation, and real-time dynamic demand response. A load-serving entity decides its day-ahead procurement to optimize expected social welfare a day before energy delivery. At delivery time when renewable generation is realized, it sets prices to manage demand and purchase additional power on the r...