{"id":"https://openalex.org/W2100880078","doi":"https://doi.org/10.1109/acc.2012.6315524","title":"Optimal sharing of quantity risk for a coalition of wind power producers facing nodal prices","display_name":"Optimal sharing of quantity risk for a coalition of wind power producers facing nodal prices","publication_year":2012,"publication_date":"2012-06-01","ids":{"openalex":"https://openalex.org/W2100880078","doi":"https://doi.org/10.1109/acc.2012.6315524","mag":"2100880078"},"language":"en","primary_location":{"id":"doi:10.1109/acc.2012.6315524","is_oa":false,"landing_page_url":"https://doi.org/10.1109/acc.2012.6315524","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2012 American Control Conference (ACC)","raw_type":"proceedings-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5071680590","display_name":"Eilyan Bitar","orcid":"https://orcid.org/0000-0002-5659-5969"},"institutions":[{"id":"https://openalex.org/I95457486","display_name":"University of California, Berkeley","ror":"https://ror.org/01an7q238","country_code":"US","type":"education","lineage":["https://openalex.org/I95457486"]},{"id":"https://openalex.org/I122411786","display_name":"California Institute of Technology","ror":"https://ror.org/05dxps055","country_code":"US","type":"education","lineage":["https://openalex.org/I122411786"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"E. Y. Bitar","raw_affiliation_strings":["Department of Computing and Mathematical Sciences, Caltech, USA","Department of Electrical Engineering and Computer Science, University of California, Berkeley, USA"],"affiliations":[{"raw_affiliation_string":"Department of Computing and Mathematical Sciences, Caltech, USA","institution_ids":["https://openalex.org/I122411786"]},{"raw_affiliation_string":"Department of Electrical Engineering and Computer Science, University of California, Berkeley, USA","institution_ids":["https://openalex.org/I95457486"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5057731625","display_name":"Enrique Baeyens","orcid":"https://orcid.org/0000-0002-8538-5848"},"institutions":[{"id":"https://openalex.org/I108103353","display_name":"Universidad de Valladolid","ror":"https://ror.org/01fvbaw18","country_code":"ES","type":"education","lineage":["https://openalex.org/I108103353"]}],"countries":["ES"],"is_corresponding":false,"raw_author_name":"E. Baeyens","raw_affiliation_strings":["Instituto de las Tecnolog\u00edas Avanzadas de la Producci\u00f3n, Universidad de Valladolid, Spain"],"affiliations":[{"raw_affiliation_string":"Instituto de las Tecnolog\u00edas Avanzadas de la Producci\u00f3n, Universidad de Valladolid, Spain","institution_ids":["https://openalex.org/I108103353"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5004650986","display_name":"Pramod P. Khargonekar","orcid":"https://orcid.org/0000-0001-6634-6950"},"institutions":[{"id":"https://openalex.org/I33213144","display_name":"University of Florida","ror":"https://ror.org/02y3ad647","country_code":"US","type":"education","lineage":["https://openalex.org/I33213144"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"P. P. Khargonekar","raw_affiliation_strings":["Department of Electrical and Computer Engineering, University of Florida, USA"],"affiliations":[{"raw_affiliation_string":"Department of Electrical and Computer Engineering, University of Florida, USA","institution_ids":["https://openalex.org/I33213144"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5023927229","display_name":"Kameshwar Poolla","orcid":"https://orcid.org/0000-0001-6098-3537"},"institutions":[{"id":"https://openalex.org/I95457486","display_name":"University of California, Berkeley","ror":"https://ror.org/01an7q238","country_code":"US","type":"education","lineage":["https://openalex.org/I95457486"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"K. Poolla","raw_affiliation_strings":["Department of Electrical Engineering and Computer Science, University of California, Berkeley, USA"],"affiliations":[{"raw_affiliation_string":"Department of Electrical Engineering and Computer Science, University of California, Berkeley, USA","institution_ids":["https://openalex.org/I95457486"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5051571345","display_name":"Pravin Varaiya","orcid":null},"institutions":[{"id":"https://openalex.org/I95457486","display_name":"University of California, Berkeley","ror":"https://ror.org/01an7q238","country_code":"US","type":"education","lineage":["https://openalex.org/I95457486"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"P. Varaiya","raw_affiliation_strings":["Department of Electrical Engineering and Computer Science, University of California, Berkeley, USA"],"affiliations":[{"raw_affiliation_string":"Department of Electrical Engineering and Computer Science, University of California, Berkeley, USA","institution_ids":["https://openalex.org/I95457486"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":5,"corresponding_author_ids":["https://openalex.org/A5071680590"],"corresponding_institution_ids":["https://openalex.org/I122411786","https://openalex.org/I95457486"],"apc_list":null,"apc_paid":null,"fwci":2.4839,"has_fulltext":false,"cited_by_count":20,"citation_normalized_percentile":{"value":0.89663406,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":97},"biblio":{"volume":null,"issue":null,"first_page":"4438","last_page":"4445"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11031","display_name":"Game Theory and Applications","score":0.9962999820709229,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11031","display_name":"Game Theory and Applications","score":0.9962999820709229,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11942","display_name":"Transportation and Mobility Innovations","score":0.9927999973297119,"subfield":{"id":"https://openalex.org/subfields/2203","display_name":"Automotive Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10424","display_name":"Electric Power System Optimization","score":0.9918000102043152,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/wind-power","display_name":"Wind power","score":0.6374309062957764},{"id":"https://openalex.org/keywords/exploit","display_name":"Exploit","score":0.5568225383758545},{"id":"https://openalex.org/keywords/profit","display_name":"Profit (economics)","score":0.5233497023582458},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.4975471794605255},{"id":"https://openalex.org/keywords/forward-contract","display_name":"Forward contract","score":0.49692919850349426},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.4518992602825165},{"id":"https://openalex.org/keywords/mathematical-optimization","display_name":"Mathematical optimization","score":0.3931124210357666},{"id":"https://openalex.org/keywords/operations-research","display_name":"Operations research","score":0.38972368836402893},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.3760438561439514},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.34602147340774536},{"id":"https://openalex.org/keywords/environmental-economics","display_name":"Environmental economics","score":0.3367967903614044},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.15882396697998047},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.13399001955986023},{"id":"https://openalex.org/keywords/computer-security","display_name":"Computer security","score":0.10993418097496033}],"concepts":[{"id":"https://openalex.org/C78600449","wikidata":"https://www.wikidata.org/wiki/Q43302","display_name":"Wind power","level":2,"score":0.6374309062957764},{"id":"https://openalex.org/C165696696","wikidata":"https://www.wikidata.org/wiki/Q11287","display_name":"Exploit","level":2,"score":0.5568225383758545},{"id":"https://openalex.org/C181622380","wikidata":"https://www.wikidata.org/wiki/Q26911","display_name":"Profit (economics)","level":2,"score":0.5233497023582458},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.4975471794605255},{"id":"https://openalex.org/C38904191","wikidata":"https://www.wikidata.org/wiki/Q744762","display_name":"Forward contract","level":3,"score":0.49692919850349426},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.4518992602825165},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.3931124210357666},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.38972368836402893},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.3760438561439514},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.34602147340774536},{"id":"https://openalex.org/C134560507","wikidata":"https://www.wikidata.org/wiki/Q753291","display_name":"Environmental economics","level":1,"score":0.3367967903614044},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.15882396697998047},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.13399001955986023},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.10993418097496033},{"id":"https://openalex.org/C119599485","wikidata":"https://www.wikidata.org/wiki/Q43035","display_name":"Electrical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C106306483","wikidata":"https://www.wikidata.org/wiki/Q183984","display_name":"Futures contract","level":2,"score":0.0},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1109/acc.2012.6315524","is_oa":false,"landing_page_url":"https://doi.org/10.1109/acc.2012.6315524","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2012 American Control Conference (ACC)","raw_type":"proceedings-article"},{"id":"pmh:oai:authors.library.caltech.edu:73963","is_oa":false,"landing_page_url":"https://authors.library.caltech.edu/73963/","pdf_url":null,"source":{"id":"https://openalex.org/S4306402161","display_name":"CaltechAUTHORS (California Institute of Technology)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I122411786","host_organization_name":"California Institute of Technology","host_organization_lineage":["https://openalex.org/I122411786"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Book Section"},{"id":"pmh:oai:repository.kaust.edu.sa:10754/599096","is_oa":false,"landing_page_url":"http://hdl.handle.net/10754/599096","pdf_url":null,"source":{"id":"https://openalex.org/S4306401596","display_name":"King Abdullah University of Science and Technology Repository (King Abdullah University of Science and Technology)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I71920554","host_organization_name":"King Abdullah University of Science and Technology","host_organization_lineage":["https://openalex.org/I71920554"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Conference Paper"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/7","score":0.8700000047683716,"display_name":"Affordable and clean energy"}],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":15,"referenced_works":["https://openalex.org/W150900648","https://openalex.org/W1549769376","https://openalex.org/W1991673214","https://openalex.org/W1998788558","https://openalex.org/W2003216037","https://openalex.org/W2107727835","https://openalex.org/W2109100253","https://openalex.org/W2110667918","https://openalex.org/W2115728676","https://openalex.org/W2144846366","https://openalex.org/W2175802213","https://openalex.org/W2272593346","https://openalex.org/W2486662084","https://openalex.org/W2516137114","https://openalex.org/W4240955192"],"related_works":["https://openalex.org/W17155033","https://openalex.org/W3207760230","https://openalex.org/W1496222301","https://openalex.org/W1590307681","https://openalex.org/W2536018345","https://openalex.org/W4312814274","https://openalex.org/W4285370786","https://openalex.org/W2296488620","https://openalex.org/W2358353312","https://openalex.org/W2353836703"],"abstract_inverted_index":{"It":[0],"is":[1,214,238],"widely":[2],"accepted":[3],"that":[4,146,203,217,232],"aggregation":[5,55],"of":[6,45,54,60,76,105,149,154,160,176,185],"geographically":[7],"diverse":[8],"wind":[9,17,21,46,91,108,161,187],"energy":[10,109],"resources":[11],"offers":[12],"compelling":[13],"potential":[14],"to":[15,28,41,56,65,85,101,111,120,130,165,190,194],"mitigate":[16,57],"power":[18,47,92,162,188],"variability,":[19],"as":[20,119],"speed":[22],"at":[23,127,137],"different":[24],"geographic":[25],"locations":[26],"tends":[27],"decorrelate":[29],"with":[30,63,82,212],"increasing":[31],"spatial":[32],"separation.":[33],"In":[34],"this":[35,142],"paper,":[36],"we":[37,144,230],"explore":[38],"the":[39,51,58,77,96,122,132,147,174,183,204,233],"extent":[40],"which":[42],"a":[43,73,98,152,158,192],"coalition":[44,193],"producers":[48,93,163,189],"can":[49],"exploit":[50],"statistical":[52],"benefits":[53],"risk":[59,88],"quantity":[61,87],"shortfall":[62,134],"respect":[64],"forward":[66,115,155],"contract":[67,210,221],"offerings":[68,211],"for":[69,157,173,198,235],"energy.":[70,199],"We":[71,180,200],"propose":[72],"simple":[74],"augmentation":[75],"existing":[78],"two-settlement":[79],"market":[80],"system":[81],"nodal":[83],"pricing":[84],"permit":[86],"sharing":[89],"among":[90],"by":[94],"affording":[95],"group":[97,159],"recourse":[99,178,213],"opportunity":[100],"utilize":[102,121],"improved":[103],"forecasts":[104],"their":[106,114],"ensuing":[107],"production":[110],"collectively":[112],"modify":[113],"contracted":[116],"positions":[117],"so":[118],"projected":[123,133],"surplus":[124],"in":[125,135],"generation":[126,136],"certain":[128],"buses":[129],"balance":[131],"complementary":[138],"buses.":[139],"Working":[140],"within":[141],"framework,":[143],"show":[145,202,231],"problem":[148],"optimally":[150],"sizing":[151],"set":[153,175],"contracts":[156,197],"reduces":[164],"convex":[166],"programming":[167],"and":[168],"derive":[169],"closed":[170],"form":[171,191],"expressions":[172],"optimal":[177],"policies.":[179],"also":[181],"asses":[182],"willingness":[184],"individual":[186],"cooperatively":[195],"offer":[196],"first":[201],"expected":[205],"profit":[206],"derived":[207],"from":[208,226],"coalitional":[209,227],"greater":[215],"than":[216],"achievable":[218],"through":[219],"independent":[220],"offerings.":[222],"And,":[223],"using":[224],"tools":[225],"game":[228,237],"theory,":[229],"core":[234],"our":[236],"non-empty.":[239]},"counts_by_year":[{"year":2025,"cited_by_count":3},{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":2},{"year":2021,"cited_by_count":2},{"year":2019,"cited_by_count":3},{"year":2018,"cited_by_count":1},{"year":2016,"cited_by_count":2},{"year":2015,"cited_by_count":2},{"year":2014,"cited_by_count":3},{"year":2013,"cited_by_count":1}],"updated_date":"2026-04-05T17:49:38.594831","created_date":"2025-10-10T00:00:00"}