A Solution for Risk Management of a Distribution Company in the Retail Market

In this paper, distributed generations for risk management of a distribution company (DisCo) in the competitive market environment are introduced. The proposed model for this problem considers a stochastic programming framework in the yearly horizon that is to maximize the expected profit considerin...

Full description

Saved in:
Bibliographic Details
Main Authors: Forough Taki, Ali Shishebori, Ramtin Sadeghi
Format: Article
Language:English
Published: OICC Press 2024-02-01
Series:Majlesi Journal of Electrical Engineering
Subjects:
Online Access:https://oiccpress.com/mjee/article/view/5197
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1850188103496499200
author Forough Taki
Ali Shishebori
Ramtin Sadeghi
author_facet Forough Taki
Ali Shishebori
Ramtin Sadeghi
author_sort Forough Taki
collection DOAJ
description In this paper, distributed generations for risk management of a distribution company (DisCo) in the competitive market environment are introduced. The proposed model for this problem considers a stochastic programming framework in the yearly horizon that is to maximize the expected profit considering the uncertainties of the retail market such as the end user demand and the electricity pool price. In this study, the key point is modeling the uncertainties of distributed generations as a reliable source for DisCos. Finally, the approach suggests the optimal resources for procuring the customers' load. Also a basic carbon market is modeled to support the role of renewable energies. 
format Article
id doaj-art-b6dfe17e2ca6408b87452d0d809639b9
institution OA Journals
issn 2345-377X
2345-3796
language English
publishDate 2024-02-01
publisher OICC Press
record_format Article
series Majlesi Journal of Electrical Engineering
spelling doaj-art-b6dfe17e2ca6408b87452d0d809639b92025-08-20T02:15:58ZengOICC PressMajlesi Journal of Electrical Engineering2345-377X2345-37962024-02-0161A Solution for Risk Management of a Distribution Company in the Retail MarketForough Taki0Ali Shishebori1Ramtin Sadeghi2Member of Young Researchers Club, Majlesi Branch, Islamic Azad University, IranMember of Young Researchers Club, Majlesi Branch, Islamic Azad University, IranDepartment of Electrical Engineering, Majlesi Branch, Islamic Azad University, Isfahan, IranIn this paper, distributed generations for risk management of a distribution company (DisCo) in the competitive market environment are introduced. The proposed model for this problem considers a stochastic programming framework in the yearly horizon that is to maximize the expected profit considering the uncertainties of the retail market such as the end user demand and the electricity pool price. In this study, the key point is modeling the uncertainties of distributed generations as a reliable source for DisCos. Finally, the approach suggests the optimal resources for procuring the customers' load. Also a basic carbon market is modeled to support the role of renewable energies. https://oiccpress.com/mjee/article/view/5197Cloud computing, DDoS attacks, Machine Learning, deep learning techniques, . ,
spellingShingle Forough Taki
Ali Shishebori
Ramtin Sadeghi
A Solution for Risk Management of a Distribution Company in the Retail Market
Majlesi Journal of Electrical Engineering
Cloud computing, DDoS attacks, Machine Learning, deep learning techniques, . ,
title A Solution for Risk Management of a Distribution Company in the Retail Market
title_full A Solution for Risk Management of a Distribution Company in the Retail Market
title_fullStr A Solution for Risk Management of a Distribution Company in the Retail Market
title_full_unstemmed A Solution for Risk Management of a Distribution Company in the Retail Market
title_short A Solution for Risk Management of a Distribution Company in the Retail Market
title_sort solution for risk management of a distribution company in the retail market
topic Cloud computing, DDoS attacks, Machine Learning, deep learning techniques, . ,
url https://oiccpress.com/mjee/article/view/5197
work_keys_str_mv AT foroughtaki asolutionforriskmanagementofadistributioncompanyintheretailmarket
AT alishishebori asolutionforriskmanagementofadistributioncompanyintheretailmarket
AT ramtinsadeghi asolutionforriskmanagementofadistributioncompanyintheretailmarket
AT foroughtaki solutionforriskmanagementofadistributioncompanyintheretailmarket
AT alishishebori solutionforriskmanagementofadistributioncompanyintheretailmarket
AT ramtinsadeghi solutionforriskmanagementofadistributioncompanyintheretailmarket