Theory and Application of Linear Supply Function Equilibrium in Electricity Markets

By Ross Baldick, Ryan Grant, Edward Kahn. 2004

338 citations recorded by the source corpus.

Subfields: Electrical and Electronic Engineering

View Paper: https://www.semanticscholar.org/paper/34f018bc7dc7c346659c59cd1e419954c3b54b41

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Electrical and Electronic Engineering

1. Steven H. Low
2. John C. Doyle
3. Na Li
4. Ross Baldick
5. Rafal Weron
6. Asuman E. Ozdaglar
7. Guidong Zhu
8. Hui Niu

Citations in the corpus

• Competition in Electricity Markets with Renewable Energy Sources (2017, methodology): “This model was first developed by Klemperer and Meyer (1989), and later applied in the wholesale electricity markets by Green and Newbery (1992); Rudkevich, Duckworth and Rosen (1998); Baldick and Hogan (2002); Baldick, Grant and Kahn (2004).”
• Strategic Supply Function Competition with Private Information (2008, neutral): “The linear supply function model has been widely used in electricity markets and new developments include cost asymmetries, capacity constraints, piecewise affine supply functions and non-negativity generation constraints (see Baldick, Grant, and Kahn (2004) and Rudkevich (2005)).”
• Two Market Models for Demand Response in Power Networks (2010, background): “The most notable application of the supply function equilibrium model is to the wholesale electricity markets, see, e.g., [4], [5], [6], [7], [8].”
• Electricity price forecasting: A review of the state-of-the-art with a look into the future (2014, background): “…for the analysis of bidding strategies (BorgoszKoczwara, Weron, & Wyłomańska, 2009; Niu, Baldick, & Zhu, 2005), market power and market design (Baldick et al., 2004; Holmberg, Newbery, & Ralph, 2013), and congestion management (Hobbs, Metzler, & Pang, 2000); but electricity price forecasting…”
• Real Time Pricing and Electricity Markets (2009, background): “hd = E (phs p s ) + (phd phs) + HP g HPd + s jh; d (7)”
• Supply function equilibrium bidding strategies with fixed forward contracts (2005, methodology): “Based on [2], [4], [5], and [24], the linear SFE model with fixed forward contracts is constructed as follows for”