Modeling investment decisions from heterogeneous firms under imperfect information and risk in wholesale electricity markets
Investment decisions in the electricity sector are complex and depend on wholesale market
and policy structures, attributes of investor firms that impact risk and financing, and the …
and policy structures, attributes of investor firms that impact risk and financing, and the …
Uncertainty and sensitivity analysis of generation expansion planning in hybrid nuclear and renewable energy system
A Bamshad, O Safarzadeh - Progress in Nuclear Energy, 2023 - Elsevier
In this study, generation expansion planning (GEP) is executed with the lowest cost and
pollutant emission, highest efficiency, and lowest loss of load probability (LOLP). A hybrid …
pollutant emission, highest efficiency, and lowest loss of load probability (LOLP). A hybrid …
Two-stage robust generation expansion planning: A mixed integer linear programming model
This paper presents a new uncertainty handling framework for optimal generation expansion
planning (GEP) amalgamating the notions of single-stage and two-stage robust optimization …
planning (GEP) amalgamating the notions of single-stage and two-stage robust optimization …
An optimization framework for the integrated planning of generation and transmission expansion in interconnected power systems
Energy, and particularly electricity, has played and will continue to play a very important role
in the development of human society. Electricity, which is the most flexible and manageable …
in the development of human society. Electricity, which is the most flexible and manageable …
An Interval-based privacy–Aware optimization framework for electricity price setting in isolated microgrid clusters
With the advance of communication infrastructures and the necessity of increasing the
efficiency of energy systems, electricity networks are evolved towards more decentralized …
efficiency of energy systems, electricity networks are evolved towards more decentralized …
A tri-level model of centralized transmission and decentralized generation expansion planning for an electricity market—Part I
We develop a tri-level model of transmission and generation expansion planning in a
deregulated power market environment. Due to long planning/construction lead times and …
deregulated power market environment. Due to long planning/construction lead times and …
[HTML][HTML] Consequences of the missing risk market problem for power system emissions
Liberalized power markets are characterized by a missing market problem: a limited
availability of long-term contracts leaves risk-averse investors exposed to uninsured risk. We …
availability of long-term contracts leaves risk-averse investors exposed to uninsured risk. We …
Analysis of strategic interactions among distributed virtual alliances in electricity and carbon emission auction markets using risk-averse multi-agent reinforcement …
The incorporation of carbon emission auction market (CEAM) and ancillary service market
(ASM) is an emerging trading paradigm in active distribution network (ADN). Such regime …
(ASM) is an emerging trading paradigm in active distribution network (ADN). Such regime …
Generation investment equilibria with strategic producers—Part I: Formulation
SJ Kazempour, AJ Conejo… - IEEE Transactions on …, 2013 - ieeexplore.ieee.org
The first of this two-paper series proposes a methodology to characterize generation
investment equilibria in a pool-based network-constrained electricity market, where the …
investment equilibria in a pool-based network-constrained electricity market, where the …
[HTML][HTML] Strategic investment decisions in an oligopoly with a competitive fringe: An equilibrium problem with equilibrium constraints approach
MT Devine, S Siddiqui - European Journal of Operational Research, 2023 - Elsevier
Modern wholesale electricity markets often have producers who exercise market power. The
standard way to model market power in an oligopoly with a competitive fringe is by using …
standard way to model market power in an oligopoly with a competitive fringe is by using …