@conference { ,
	title = {Electricity Market Optimization: finding the best bid through stochastic programming.},
	year = {2010},
	month = {13-15/10/2010},
	type = {Invited presentation},
	address = {Centre de Recerca Matemātica. UAB. Barcelona, Spain.},
	abstract = {The participation in national and international electricity markets has became a very complex decision making process. Electrical utilities participating in such liberalized market have to decide daily the operation, generation scheduling and optimal bid of each one of their generation units in several consecutives day-ahead markets. In the talk, we will describe the operation rules of the Iberian Electricity Market (MIBEL), how this operation can be mathematically modelled with the help of stochastic programming into large scale nonlinear integer problems and how these difficult optimization problems can be solved with specialised algorithms. Finally, the results found for several cases with real data of Spanish utilities and MIBEL market prices will be shown.},
	keywords = {research; electricity markets; stochastic programming; perspective cuts; TSFA; DPI2008-02153},
	author = {F.-Javier Heredia and Cristina Corchero and M.-Pilar Muņoz and Eugenio Mijangos}
}

