Electricity markets need to continuously evolve to address the growing complexity of a
predominantly renewable energy-driven, highly interconnected, and sector-integrated …

Modeling electricity markets realistically plays a crucial role for understanding complex
emerging market dynamics and guiding policy making. In systems with a high share of …

The concept of transactive energy market (TEM) has been introduced to efficiently balance
supply and demand across the electrical networks in a distributed manner. TEM allows …

The electricity market has a vital role to play in the decarbonisation of the energy system.
However, the electricity market is made up of many different variables and data inputs …

The vision of a Smart Electric Grid relies critically on substantial advances in intelligent
decentralized control mechanisms. We propose a novel class of autonomous broker agents …

Decentralized electricity markets are often dominated by a small set of generator companies
who control the majority of the capacity. In this paper, we explore the effect of the total …

Previously works on analysing imperfect electricity markets have employed conventional
game-theoretic approaches. However, such approaches necessitate that each strategic …

In this paper, a day-ahead electricity market bidding problem with multiple strategic
generation company (GEN-CO) bidders is studied. The problem is formulated as a Markov …

The energy transition from a formerly centralized, fossil-fuel based system towards a
sustainable system based on a large share of renewable generation calls for a …

With the continuous development of the electricity market, the electricity retailers, as the
intermediaries between producers and consumers, have emerged in some of the liberalized …