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Energy Procurement by Consumers

In: Decision Making Under Uncertainty in Electricity Markets

Author

Listed:
  • Antonio J. Conejo

    (University of Castilla – La Mancha)

  • Miguel Carrión

    (University of Castilla – La Mancha)

  • Juan M. Morales

    (University of Castilla – La Mancha)

Abstract

We study in this chapter the electricity procurement problem faced by a large consumer. Such a consumer refers to an entity with a significant electricity consumption that participates in the electricity market, and has the capability of signing bilateral contracts with suppliers. Petrochemical industries, aluminum production complexes, or vehicle-assembling facilities are examples of large consumers. Supply sources available for the consumer include forward contracts, bilateral contracts, the pool, and self-production.

Suggested Citation

  • Antonio J. Conejo & Miguel Carrión & Juan M. Morales, 2010. "Energy Procurement by Consumers," International Series in Operations Research & Management Science, in: Decision Making Under Uncertainty in Electricity Markets, chapter 0, pages 323-355, Springer.
    • Handle: RePEc:spr:isochp:978-1-4419-7421-1_9
    DOI: 10.1007/978-1-4419-7421-1_9
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