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Optimization Models for Electric Power Retailers

Principal Investigator(s): 

Abstract: 

Dr. Steven A. Gabriel, Dr. Antonio Conejo

figure 1(UCLM=Universidad de Castilla- La Mancha, Ciudad Real, Spain) and several of their current and former graduate students (Mehmet F. Genc, M.S., CEE 2001; Supat Kiet, Ph.D. Candidate, CEE; Prawat Sahakij, Ph.D. Candidate, CEE; Miguel Angel Plazas, Ph.D. UCLM, 2006), and S. Balakrishnan (ANB Enterprises, Inc.) have built simulation and optimization models to guide electric power retailers in their load forecasting and risk management programs and contracts with both suppliers and end-users.