Risk Constrained Short Term Hydro Scheduling using Two Point estimate method and conditional value at risk


This paper presents application of Two Point estimate method to build a risk constrained model for generating optimal bids of hydro power plants in deregulated environment. Hydro Generation Company is considered as a price taker. Market prices are stochastic in nature and have been considered as exogenous variables. The objective is to find practically… (More)


6 Figures and Tables

Slides referencing similar topics