Instruct: Identify the main and secondary category of Arxiv papers based on the titles and abstracts
Query: Reserve Requirements in Ancillary Markets Using Consensus-Based
  Cooperative Model Considering Renewable Resources   From an economic point of view, a common criterion for assessing the merits
of a reserve investment is its impacts on social welfare. The underlying
assumption in using this criterion is that side payments may be used to
distribute the social gains among all market players. In reality, however,
since the impacts of an electricity reserve project on different players may
vary, such side payments are rather difficult to implement. We present a
three-stage scenario-based programming model for committing reserves in power
markets with large amounts of wind power. We describe wind power generation in
terms of a representative set of appropriately weighted scenarios, and we
present a dual decomposition algorithm for solving the resulting stochastic
program. We test our scenario generation methodology on a model of 118 bus
system, and we show that the stochastic programming unit commitment policy
outperforms common reserve rules.

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The categories of this paper are: cmp-lg
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The categories of this paper are: atom-ph
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The categories of this paper are: acc-phys
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The categories of this paper are: bayes-an
1
The categories of this paper are: cs
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The categories of this paper are: q-bio
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The categories of this paper are: ao-sci
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The categories of this paper are: adap-org
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The categories of this paper are: comp-gas
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The categories of this paper are: solv-int
0
The categories of this paper are: hep-ph
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The categories of this paper are: q-fin
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The categories of this paper are: econ
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The categories of this paper are: math-ph
15
The categories of this paper are: nucl-ex
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The categories of this paper are: mtrl-th