#2589. Bi-Level Approach for Load Serving Entity’s Sale Price Determination under Spot Price Uncertainty and Renewable Availability

January 2027publication date
Proposal available till 30-05-2025
4 total number of authors per manuscript4500 $

The title of the journal is available only for the authors who have already paid for
Journal’s subject area:
Economics and Econometrics;
Energy (all);
Places in the authors’ list:
place 1place 2place 3place 4
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3 place - free (for sale)
4 place - free (for sale)

Abstract:
The article analyzes the problem of determining the selling price of an enterprise in conditions of uncertainty of the spot price. The results show that Load Service Enterprises (LSE) maximize their profits by increasing the difference between the revenue from the sale of electricity to consumers and the cost of purchasing that electricity. Considering the proposed selling prices, consumers minimize their electricity bills by planning their energy consumption.
Keywords:
Dynamic sale price; Hierarchical decision making; Load serving entity; Price uncertainty; Renewable energy

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