Title
Selling Renewable Generation With A Penalty For Shortfall
Abstract
We consider the problem of selling renewable electricity in a two-stage market to a number of load serving entities (LSEs). Since the generation is random, the renewable generator promises to pay a penalty, which is linear in the shortfall, to each LSE. We derive allocation and pricing rules that induce all load serving entities to truthfully bid their willingness to pay per unit of electricity in dominant strategies.
Year
DOI
Venue
2018
10.1109/CDC.2018.8619842
2018 IEEE CONFERENCE ON DECISION AND CONTROL (CDC)
Field
DocType
ISSN
Mathematical optimization,Renewable energy,Willingness to pay,Electricity,Computer science,Renewable generation,Environmental economics
Conference
0743-1546
Citations 
PageRank 
References 
0
0.34
0
Authors
2
Name
Order
Citations
PageRank
Balsam Dakhil101.01
Abhishek Gupta21410.61