The price fluctuation and stochastic changing characteristics of revenue rate are different in varies sub-markets for power market.To obtain the maximal profit and the minimum risk,risk assessment methods have been used to study the Generation Asset Allocation(GAA).In order to avoid the inadequacy of the conditional value-at-risk(CVaR) used for GAA,three robust portfolio models based on the concept of the Worst-case Conditional Value-at-Risk(WCVaR) are presented in this paper.Under the mixture distribution ...