Least-Cost Structuring of 24/7 Carbon-Free Electricity Procurements

Autor:	Ludkovski, Mike, Mouti, Saad, Swindle, Glen
Rok vydání:	2023
Předmět:	Quantitative Finance - Portfolio Management Quantitative Finance - Mathematical Finance
Druh dokumentu:	Working Paper
Popis:	We consider the construction of renewable portfolios targeting specified carbon-free (CFE) hourly performance scores. We work in a probabilistic framework that uses a collection of simulation scenarios and imposes probability constraints on achieving the desired CFE score. In our approach there is a fixed set of available CFE generators and a given load customer who seeks to minimize annual procurement costs. We illustrate results using a realistic dataset of jointly calibrated solar and wind assets, and compare different approaches to handling multiple loads. Comment: 5 pages, 4 figures
Databáze:	arXiv
Externí odkaz:	http://arxiv.org/abs/2312.07733 Zobrazit plný text záznamu View this record from Arxiv