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Star Power Company is a power company in the Midwest region of the United States. Star buys and sells energy on the spot market. Star
Star Power Company is a power company in the Midwest region of the United States. Star buys and sells energy on the spot market. Star can store power in a high-capacity battery that can store up to 60 kWh (kilowatt hours). During a particular period, Star can buy or sell electricity at the market price known as LMP (Locational Marginal Price). The maximum rate that power can be injected or withdrawn from the battery is 20 kWh per period. Star has forecasted the following LMPs for the next 10 periods:
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