Increasing renewable generation results in growing supply uncertainty. By now hydrostorages are the most efficient way of smoothing uncertain power supply. In liberalized and competitive markets the valuation of hydro storages investment projects needs to take the market information and...

From Project economics prospective, EE options are seen as"no regrets" policies, since their net financial cost can be negative, i.e., the measures are justified purely on high financial returns. The justifiable factor is aligning programs to behavioral attitudes for utility's financial...

In part I of this paper, we proposed a Mixed-Integer Linear Program (MILP) to analyze imperfect competition of oligopoly producers in two-stage zonal power markets. In part II of this paper, we propose a solution algorithm which decomposes the proposed MILP model into several subproblems and...