Electricity market modeling trends

M Ventosa, A Baıllo, A Ramos, M Rivier - Energy policy, 2005 - Elsevier
The trend towards competition in the electricity sector has led to efforts by the research
community to develop decision and analysis support models adapted to the new market …

Strategic generation investment using a complementarity approach

SJ Kazempour, AJ Conejo… - IEEE transactions on power …, 2010 - ieeexplore.ieee.org
This paper provides a methodology to assist a strategic producer in making informed
decisions on generation investment. A single target year is considered with demand …

Generation capacity expansion in liberalized electricity markets: A stochastic MPEC approach

S Wogrin, E Centeno, J Barquín - IEEE Transactions on Power …, 2011 - ieeexplore.ieee.org
This paper proposes a bilevel model to assist a generation company in making its long-term
generation capacity investment decisions considering uncertainty regarding the investments …

Open versus closed loop capacity equilibria in electricity markets under perfect and oligopolistic competition

S Wogrin, BF Hobbs, D Ralph, E Centeno… - Mathematical …, 2013 - Springer
We consider two game-theoretic models of the generation capacity expansion problem in
liberalized electricity markets. The first is an open loop equilibrium model, where generation …

Capacity expansion equilibria in liberalized electricity markets: an EPEC approach

S Wogrin, J Barquín, E Centeno - IEEE Transactions on Power …, 2012 - ieeexplore.ieee.org
This paper presents a novel way to model the generation capacity expansion problem in a
liberalized framework via a multi-year bilevel equilibrium model. In the upper level the …

Incorporating oligopoly, CO2 emissions trading and green certificates into a power generation expansion model

P Linares, FJ Santos, M Ventosa, L Lapiedra - automatica, 2008 - Elsevier
This paper presents a generation expansion model for the power sector which incorporates
several features that make it very interesting for application to current electricity markets: it …

The emerging threat of artificial intelligence on competition in liberalized electricity markets: A deep Q-network approach

DE Aliabadi, K Chan - Applied energy, 2022 - Elsevier
Abstract According to Sustainable Development Goals (SDGs), societies should have
access to affordable, reliable, and sustainable energy. Liberalized electricity markets have …

Impacts of the European emissions trading scheme directive and permit assignment methods on the Spanish electricity sector

P Linares, FJ Santos, M Ventosa… - The Energy …, 2006 - journals.sagepub.com
This paper assesses the economic impact of the European Emissions Trading Scheme
Directive on the Spanish electricity sector. Although some other studies have been carried …

Impact of optimal storage allocation on price volatility in energy-only electricity markets

A Masoumzadeh, E Nekouei, T Alpcan… - … on Power Systems, 2017 - ieeexplore.ieee.org
Recent studies show that the fast growing expansion of wind power generation may lead to
extremely high levels of price volatility in wholesale electricity markets. Storage …

Generation capacity expansion analysis: Open loop approximation of closed loop equilibria

S Wogrin, E Centeno, J Barquin - IEEE Transactions on Power …, 2013 - ieeexplore.ieee.org
In this paper we propose a methodology to approximate closed loop capacity equilibria
using only open loop capacity equilibrium models. In the closed loop model, generation …