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Elvin Mirzayev, CFA, holds the CFO position at Norm OJSC. He has been a contributor to Investopedia since 2014. Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science ...

Abstract: This paper presents a new model for optimal trading of wind power in day-ahead (DA) electricity markets under uncertainty in wind power and prices. The model considers settlement mechanisms ...

Abstract: Although locational marginal pricing (LMP) plays an important role in many restructured wholesale power markets, the detailed derivation of LMPs as actually used in industry practice is not ...