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eess.SY2025
Risk-Sensitive Security-Constrained Economic Dispatch: Pricing and Algorithm Design
Avinash N. Madavan, Nathan Dahlin, Subhonmesh Bose +1
We propose a risk-sensitive security-constrained economic dispatch (R-SCED) formulation capturing the tradeoff between dispatch cost and resilience against potential line failures,…
eess.SY2020
A Scenario-oriented Approach for Energy-Reserve Joint Procurement and Pricing
Jiantao Shi, Ye Guo, Lang Tong +2
We propose a scenario-oriented approach for energy-reserve joint procurement and pricing for electricity market. In this model, without the empirical reserve requirements, reserve…