Power System Economics: Designing Markets for Electricity

By S. Stoft. 2002

1,950 citations recorded by the source corpus.

Subfields: Electrical and Electronic Engineering, General Energy

View Paper: https://www.semanticscholar.org/paper/410cb7a60c81a333892ea6ed560f694816861d96

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In Electrical and Electronic Engineering

In General Energy

Citations in the corpus

The Demand Elasticity Impacts on the Strategic Bidding Behavior of the Electricity Producers (2007, background): “Stoft [6] argued that the absolute value of elasticity is much lower than 0.”
The Optimal Share of Variable Renewables: How the Variability of Wind and Solar Power affects their Welfare-optimal Deployment (2012, positive): “The classical version of these models is based on screening curves and load duration curves and can be solved graphically to derive the cost-minimal capacity mix (Stoughton et al. 1980, Grubb 1991, Stoft 2002, Green 2005).”
Economics and design of balancing power markets in Germany (2014, background): “of electricity markets, see Stoft [14], Ockenfels [13], Kuntz and Müsgens [8] or”
DCOPF-Based LMP simulation: algorithm, comparison with ACOPF, and sensitivity (2007, background): “From the viewpoint of generation and transmission planning, it is always crucial to simulate or forecast LMPs, which may be obtained using the traditional production (generation) cost optimization model, given the data on generation, transmission, and load [4], [5].”
Pricing and Hedging Spread Options (2003, background): “The reader is referred to [15] for a clear initiation to the intricacies of the energy markets, and to the recent texts [26], [43] and [3] for the economic and public policy issues specific to the electricity markets.”
Reliability and Competitive Electricity Markets (2007, background): “As Stoft (2002) argues, VOLL pricing augments 25Regulatory hold-ups may occur through other channels than price caps.”
Wind Power Trading Under Uncertainty in LMP Markets (2012, background): “ISO/RTOs typically use LMPs and the so-called two-settlement system for market clearing [13].”
Competitive Electricity Markets and Investment in New Generating Capacity (2006, background): “The payments reflect the marginal value consumers place on consuming less energy in the very short run --- what is generally referred to as the “value of lost load” or VOLL (See Stoft (2002), Chapter 2- 5).”
Evolution of Wholesale Electricity Market Design with Increasing Levels of Renewable Generation (2014, background): “Revenue sufficiency has been discussed since the initial stages of electricity market design (Stoft 2002, Hogan 2005).”
The EU internal electricity market: Done forever? (2014, background): “adds up to a “European market” even though many market arrangements differ from the perfect textbook case [3],”