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Record W2113075408 · doi:10.1109/pct.2007.4538446

Electricity Markets under Uncertainty

2007· article· en· W2113075408 on OpenAlexaff
Juan Alvarez, K. Ponnambalam, V.H. Quintana

Bibliographic record

Venuenot available
Typearticle
Languageen
FieldEngineering
TopicElectric Power System Optimization
Canadian institutionsUniversity of Waterloo
Fundersnot available
KeywordsElectricityRandomnessSupply and demandElectricity marketVariance (accounting)Mains electricityMinificationEconomicsWork (physics)Computer scienceEconometricsMicroeconomicsMathematical optimizationEngineeringMathematicsElectrical engineering

Abstract

fetched live from OpenAlex

In the ideal world, electricity markets are solved under the assumption that all quantities are deterministic. This is the equivalent of assuming that one can perfectly predict future levels of demand and supply. In the real world, the biggest source of uncertainty comes precisely from demand and supply levels. A clear understanding of the economical implications of randomness from supply and demand in electricity markets is still lacking. Random variations of any kind introduce risk. Therefore, one would be interested in somehow minimizing the risk when solving an electricity market. This paper explains the economical implications of minimizing the risk introduced by supply and demand uncertainties. The risk minimization technique used in this work is based on the well known mean-variance Markowitz theory.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.002
metaresearch head score (Gemma)0.009
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.005
Threshold uncertainty score0.016

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0020.009
Meta-epidemiology (narrow)0.0010.000
Meta-epidemiology (broad)0.0010.001
Bibliometrics0.0000.001
Science and technology studies0.0010.003
Scholarly communication0.0030.005
Open science0.0010.002
Research integrity0.0020.002
Insufficient payload (model declined to judge)0.0050.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.005
GPT teacher head0.202
Teacher spread0.197 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations3
Published2007
Admission routes1
Has abstractyes

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