Economic and environmental implications of different approaches to hedge against wind production uncertainty in two-settlement electricity markets: A PJM case study
Type
Journal articleSubject
Social SciencesEconomics
Business & Economics
Two-settlement markets
Market clearing design
Wind energy
Hidden uncertainty costs
Price formation
STOCHASTIC UNIT COMMITMENT
DISPATCH
SETTLEMENT
SECURITY
SINGLE
MODEL
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https://hdl.handle.net/10161/19167Published Version (Please cite this version)
10.1016/j.eneco2019.01.015Publication Info
Daraeepour, A; Patino-Echeverri, D; & Conejo, AJ (2019). Economic and environmental implications of different approaches to hedge against wind
production uncertainty in two-settlement electricity markets: A PJM case study. ENERGY ECONOMICS, 80. pp. 336-354. 10.1016/j.eneco2019.01.015. Retrieved from https://hdl.handle.net/10161/19167.This is constructed from limited available data and may be imprecise. To cite this
article, please review & use the official citation provided by the journal.
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Show full item recordScholars@Duke
Dalia Patino-Echeverri
Gendell Family Associate Professor
Dr. Patino-Echeverri’s research focuses on public policy design for energy systems,
with a particular emphasis on managing the risks arising from the uncertainties influencing
the outcomes of government actions. Much of her current work focuses on the policies
that affect capital investment decisions within the electricity industry, and the
corresponding costs to society of electricity and air-emissions levels. Her models
explore the effects of different government policies by representing

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