Mr. Julian Cifuentes Rubiano, student of the master in Statistics and Operations Research and research assistant of the GNOM research group, defended on 12 November 2012 the master Thesis Stochastic Optimal Bid to Electricity Markets with Environmental Risk Constraints . In this thesis the  stochastic programming models for the optimal bidding strategies with emission allowances introduced in a previous work (doi: 10.1109/EEM.2012.6254676) was improved with the consideration of risk measures related with both environmental damages and financial losses. This thesis has been partially supported by the MINECO research project grant DPI2008-02153 and the  CRM grant for master research projects.