Economic and environmental implications of different approaches to hedge against wind production uncertainty in two-settlement electricity markets: A PJM case study
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Business & Economics
Market clearing design
Hidden uncertainty costs
STOCHASTIC UNIT COMMITMENT
Published Version (Please cite this version)10.1016/j.eneco2019.01.015
Publication InfoPatino-Echeverri, Dalia; Daraeepour, Ali; & Conejo, Antonio J (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.
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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