Model-Based Comparisons of Pool and Bilateral Markets for Electricity

By J. Bower, D. W. Bunn. 2000

248 citations recorded by the source corpus.

Subfields: Electrical and Electronic Engineering, Management Science and Operations Research

View Paper: https://www.semanticscholar.org/paper/1a63d513f31eafb9b6d83d9f7e39a3a9102b9e97

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In Electrical and Electronic Engineering

In Management Science and Operations Research

Citations in the corpus

Trading on local energy markets: A comparison of market designs and bidding strategies (2017, background): “Further agent strategies are explored in [14], [15], and [16].”
Multi-Agent Systems for the Simulation of Land-Use and Land-Cover Change: A Review (2003, background): “Rather than implementing an optimal solution that fully anticipates all future states of the system of which they are part, they make inductive, discrete, and evolving choices that move them toward achieving goals (Tversky and Kahneman 1990; Rabin 1998; Bower and Bunn 2000).”
Electricity market modeling trends (2005, background): “Agent-based Bower & Bunn 2000 Market Design Learning Procedure Heuristic Medium E&W”
Peer-to-peer and community-based markets: A comprehensive review (2018, background): “Bilateral contracts were introduced with the aim of increasing competition in electricity markets [34, 35].”
Agent-based modeling and simulation (2009, unknown): “Significant agent models have been developed entirely using spreadsheets (Bower and Bunn 2000).”
Electricity price forecasting: A review of the state-of-the-art with a look into the future (2014, methodology): “One of the first applications of ACE to modeling the strategic behavior observed in electricity markets was described in the paper by Bower and Bunn (2000), who test a number of market designs which are relevant for the changes that have taken place in the England and Wales market. They conclude tha”
Oligopolistic Competition in Power Networks: A Conjectured Supply Function Approach (2002, methodology): “Oligopoly models have been used previously to assess the impacts of market power, market structure, and divestments on E&W prices [10], [19], [27], [30], [42], but transmission constraints were not considered.”