generation under consideration of risk. We include a reserve market, a day-ahead market and an intraday market in stochastic … modeling and develop a multi-stage stochastic Mixed Integer Linear Program. We assess the profitability as well as the risk … exposure, quantified by the conditional value at risk metric, of trading strategies following different risk preferences. We …

some rivers. The results show that risk analysis in electricity markets requires the measurement of skewness, kurtosis, and … under analysis should be considered as a starting point for risk analysis and portfolio choice …