Risk-Constrained Self-Scheduling of a Thermal Power Producer.

This paper addresses the self scheduling problem of a price-taker power producer. It focuses on risk modeling, emphasizing the tradeoff existing between maximum profit and minimum risk. The paper analyzes a self-scheduling model that considers simultaneously profit and risk. This model Is formulated as a mixed-Integer quadratic programming problem, which Is solved using commercially available software. Relevant results from a realistic case study are discussed. [ABSTRACT FROM AUTHOR]