The electricity market has since 1980s been gradually evolving from a monopoly market into
a liberalized one for encouraging competition and improving efficiency. This brings the …

In this paper we propose an evolutionary imperfect information game approach to analyzing
bidding strategies in electricity markets with price-elastic demand. In previous research …

Finding Nash equilibrium in an imperfect market with active and strategic resources is key to
the successful operation of the electricity market. A hierarchical Nash distributed …

Bidding competition is one of the main transaction approaches in a deregulated electricity
market. Locational marginal prices (LMPs) resulting from bidding competition and system …

This paper proposes an energy management model using system dynamics (SD) modeling
approach. The time span of the model extends from 2003 to 2030. The Model was calibrated …

The paper presents an analysis of market power in the Polish power sector. The study is
carried out for the structure that was established by the last consolidation undertaken by the …

This paper presents a novel architecture of electricity agents in smart grid markets. The
architecture implements a middleware that allows standard agent plug-ins representing …

In liberalized electricity markets, aggregated stepwise supply and demand curves are at the
core of many relevant processes. Efficient and meaningful representations of the offer curves …

An important goal of China's electric power system reform is to create a double-side day-
ahead wholesale electricity market in the future, where the suppliers (represented by …

In this paper, we consider bidding behavior of producers in wholesale electricity market in
Iran. Participating in a day ahead pay-as-bid electricity auctions for Generator Companies …