Sharif Digital Repository

According to uncertainty of retailer's customers electricity load and energy price in day-ahead and real-time markets, different scenarios are faced to an electricity retailer. As a result, due to possibility of different scenarios accurance, profit and financial loss of retailer has uncertainty and significant financial risk is imposed to retailer. Electricity retailers for earning the expected profit, reduction ofpossibility of scenarios with little profit (or much loss) and reduction of their risks, use different sources. bilateral contracts, like forward and call option,local wind turbines, distributed generaion, demand response, like load shift and curtailment can be named. This...