Putting renewable energy auctions into action–An agent-based model of onshore wind power auctions in Germany

V Anatolitis, M Welisch - Energy Policy, 2017 - Elsevier
The following analysis looks into auctions for renewable energy, specifically onshore wind
power in Germany. Following an agent-based modeling approach, the two most commonly …

An agent-based simulation of power generation company behavior in electricity markets under different market-clearing mechanisms

DE Aliabadi, M Kaya, G Şahin - Energy Policy, 2017 - Elsevier
Deregulated electricity markets are expected to provide affordable electricity for consumers
through promoting competition. Yet, the results do not always fulfill the expectations. The …

Electricity market pricing: uniform pricing vs. pay-as-bid pricing

A Akbari-Dibavar, B Mohammadi-Ivatloo… - Electricity Markets: New …, 2020 - Springer
Selecting proper pricing rule is essential for the efficient operation of power markets. There
are two main pricing rules in the existing power markets, namely uniform pricing (UP) and …

Compensation mechanisms for double auctions in peer-to-peer local energy markets

C Gerwin, R Mieth, Y Dvorkin - Current Sustainable/Renewable Energy …, 2020 - Springer
Abstract Purpose of Review This paper compares different double-auction pricing
mechanisms in the context of peer-to-peer trading in local electricity markets. Benchmarking …

Modelling bidding behaviour on German photovoltaic auctions

E Kácsor - Energies, 2021 - mdpi.com
In this article renewable energy support allocation through different types of auctions are
assessed. The applied methodological framework is auction theory, based on the rules …

An agent-based model applied to Brazilian wind energy auctions

MR Machado, MK Fujii… - IEEE Latin America …, 2019 - ieeexplore.ieee.org
This article, for the first time, adopts the agent-based model simulation technique to analyze
the pricing process of energy in the Brazilian electricity market (auctions). Within this model …

An Application of OMFO for Optimal Bidding Strategy in Pay-as-Bid Auction Environment

P Jain, A Saxena - Proceedings of 2nd International Conference on …, 2022 - Springer
In the restructured power system, all competitor-generating companies wish to maximize
their profit as much as possible without knowing the behavior of their rivals. In this paper, to …

Literature review. Pricing rule alternatives for the European day-ahead market

F Weißensteiner - Managerial Economics, 2023 - journals.agh.edu.pl
This literature review delves into the intricate realm of pricing rules in the day-ahead
electricity market, spurred by a notable surge in 2022 electricity prices. Employing a …

[PDF][PDF] Auctions for Renewable Energy in Europe-Model-based analysis and beyond

MG Welisch - 2018 - scholar.archive.org
This thesis provides insights into the comparatively little studied field of renewable energy
(RES) auctions. These insights are provided by three stand-alone modelling cases taking on …

Analyses of Issues Emerging from the Current Electricity Market Design Using Mathematical Optimization

Y Jiang - 2023 - search.proquest.com
The design of electricity markets is a challenging task. On one hand, it is complicated by the
different characteristics of each market design, an example of which is the classification of …