Boomsma, Trine Krogh; Juul, Nina; Fleten, Stein-Erik - In: European Journal of Operational Research 238 (2014) 3, pp. 797-809
, it is relevant to analyze the potential of coordinated bidding. We consider a Nordic power producer who engages in the … unknown at the time of bidding. However, in the balancing market, the market participant faces an additional risk of not being … formulate the bidding problem as a multi-stage stochastic program. We investigate whether higher risk exposure may cause …