Publications by Farzaneh Abbaspourtorbati

Is Being Flexible Advantageous for Demands?

Sidi-Rachid Cherkaoui, Farzaneh Abbaspourtorbati, Antonio J. Conejo

This paper analyzes the impacts of flexible demands on day-ahead market outcomes in a system with significant wind power production. We use a two-stage stochastic market-clearing model, where the first stage represents the day-ahead market and the second s ...

IEEE Institute of Electrical and Electronics Engineers2017

Pricing Electricity Through a Stochastic Non-Convex Market-Clearing Model

Sidi-Rachid Cherkaoui, Farzaneh Abbaspourtorbati, Antonio J. Conejo

This paper proposes a pricing scheme for the day-ahead market in power systems with a large percentage of renewable stochastic production. To clear the day-ahead market, instead of a simplistic deterministic model, we use a two-stage stochastic programming ...

IEEE Institute of Electrical and Electronics Engineers2017

Three- or Two-Stage Stochastic Market-Clearing Algorithm?

Sidi-Rachid Cherkaoui, Farzaneh Abbaspourtorbati, Antonio J. Conejo

As the power industry considers moving from a deterministic paradigm to a stochastic one to clear the day-ahead market in systems with significant stochastic production, the following question arises: how should a stochastic clearing algorithm be formulate ...

IEEE Institute of Electrical and Electronics Engineers2017

Electricity market operations under increasing uncertainty

Farzaneh Abbaspourtorbati

Decision making in electricity markets under uncertainty has worldwide gained attention due to an increasing number of uncertain parameters associated to technology developments and market evolution. Hence, the market operator faces new challenges pertaini ...

EPFL2017

Centralized and Decentralized Electricity Markets: Assessment of Operational and Economic Aspects

Sidi-Rachid Cherkaoui, Farzaneh Abbaspourtorbati, Anneta Matenli

This paper presents the comparison of decentralized and centralized market settings in terms of economic efficiencies, particularly price signals, and operating aspects. The decentralized dispatch consists of an energy auction separated from a contingency ...

Ieee2016

Scarcity Mitigation and Risk-Averse Clearing Model in the Swiss Reserve Market

Sidi-Rachid Cherkaoui, Farzaneh Abbaspourtorbati

This paper presents a real-world application of stochastic programming in the Swiss hydro-based system. The seasonal hydrological conditions may cause insufficient market volume to an extent that security criteria (i.e., the criteria determining of reserve ...

Ieee2016

A balancing market under uncertainty with a rolling horizon for European Market Structure

Sidi-Rachid Cherkaoui, Farzaneh Abbaspourtorbati

IEEE2015