Information Uncertainty in Electricity Markets: Introducing Probabilistic Offers

被引:12
|
作者
Papakonstantinou, Athanasios [1 ]
Pinson, Pierre [1 ]
机构
[1] Tech Univ Denmark, Dept Elect Engn, Lyngby, Denmark
关键词
Electricity markets; renewable energy; imperfect information; PREDICTION;
D O I
10.1109/TPWRS.2016.2540525
中图分类号
TM [电工技术]; TN [电子技术、通信技术];
学科分类号
0808 ; 0809 ;
摘要
We propose a shift from the current paradigm of electricity markets treating stochastic producers similarly to conventional ones in terms of their offers. We argue that the producers' offers should be probabilistic to reflect the limited predictability of renewable energy generation, while we should design market mechanisms to accommodate such offers. We argue that the transition from deterministic offers is a natural next step in electricity markets, by analytically proving our proposal's equivalence with a two-price conventional market.
引用
收藏
页码:5202 / 5203
页数:2
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