This paper surveys the literature relevant for comparing centralized and decentralized
wholesale electricity markets. Under a centralized design, producers submit detailed cost …

Europe's clean energy transition is imperative to combat climate change and represents an
economic opportunity to become independent of fossil fuels. As such, the energy transition …

In this paper, we formulate in a game-theoretic framework three coordination schemes for
analyzing DSO-TSO interactions. This framework relies on a reformulation of the power flow …

Incompatibility of current electricity market mechanisms based on locational marginal price
(LMP) become prominent in power systems with increasing renewable energy (RE) and …

This paper aims to explore the underlying motivations that drive regulatory measures to
address surging electricity prices. We discuss this question with a systematic review of the …

Chile was the first country that privatized all generation, transmission, and distribution
services, and introduced competition in the generation segment. Nearly four decades after …

The Brazilian power-market design features were based on the system's physical and
economic characteristics in the'90s. However, some of the approximations and assumptions …

The integration of intermittent renewable energy sources (RES) into the grid significantly
changes the scenario of the distribution network's operations. Such challenges are …

Abstract Distributed Energy Resources (DERs) can significantly affect the net social benefit
in power systems, raising concerns pertaining to distributive justice and equity. Electricity …

Renewable energies (RE) in Chile and around the world have experienced outstanding
growth in recent years. However, RE technologies such as solar photovoltaic and wind …