Electricity market equilibrium based on conjectural variations

CA Díaz, J Villar, FA Campos, J Reneses - Electric power systems research, 2010 - Elsevier
Many of the models used for the representation of the generation companies' behavior in
oligopolistic electricity markets are based on conjectural variation equilibria, which are a …

Finding equilibria in the pool-based electricity market with strategic wind power producers and network constraints

T Dai, W Qiao - IEEE transactions on power systems, 2016 - ieeexplore.ieee.org
This paper proposes a model to find the equilibria in the short-term electricity market with
large-scale wind power penetration. The behavior of each strategic player is modeled …

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 …

A practical eco-environmental distribution network planning model including fuel cells and non-renewable distributed energy resources

A Soroudi, M Ehsan, H Zareipour - Renewable energy, 2011 - Elsevier
This paper presents a long-term dynamic multi-objective planning model for distribution
network expansion along with distributed energy options. The proposed model optimizes …

The impact of the EU ETS on prices, profits and emissions in the power sector: simulation results with the COMPETES EU20 model

W Lise, J Sijm, BF Hobbs - Environmental and Resource Economics, 2010 - Springer
This paper analyses the impact of the EU Emissions Trading Scheme (ETS) on electricity
prices, in particular on wholesale power markets across the EU. To study this impact, this …

A new approach to model load levels in electric power systems with high renewable penetration

S Wogrin, P Duenas, A Delgadillo… - IEEE Transactions on …, 2014 - ieeexplore.ieee.org
In medium-and long-term power system models, it is a common approach to approximate
the demand curve by load levels in order to make the models computationally tractable …

Equilibria in an oligopolistic market with wind power production

SJ Kazempour, H Zareipour - IEEE Transactions on Power …, 2013 - ieeexplore.ieee.org
This paper proposes an approach for analyzing the impacts of large-scale wind power
integration on electricity market equilibria. A pool-based oligopolistic electricity market is …

Electricity and natural gas interdependency: comparison of two methodologies for coupling large market models within the European regulatory framework

M Gil, P Dueñas, J Reneses - IEEE Transactions on Power …, 2015 - ieeexplore.ieee.org
Power generation growth based on natural gas fired power plants (NGFPPs) has lead to
increasing interactions between electric power and natural gas industries. More companies …

The incentive announcement effect of demand response on market power mitigation in the electricity market

TH Yoo, W Ko, CH Rhee, JK Park - Renewable and Sustainable Energy …, 2017 - Elsevier
The incentive announcement effect of demand response (DR), which can mitigate exercising
of market power, was assessed using a game theory method. To analyze player behaviors …

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 …