Electricity Market Equilibrium Models: The Effect of Parameterization

By Ross Baldick. IEEE Power Engineering Review, 2002

164 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Electrical and Electronic Engineering

View Paper: https://www.semanticscholar.org/paper/cd0501bbcc87404919debd2f1427f2bfa322a68e

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In Economics and Econometrics

1. Yuzeng Li
2. W. Xian
3. Shao-hua Zhang
4. William W. Hogan
5. Nektaria V. Karakatsani
6. Mohammad Shahidehpour
7. Tao Li
8. D. W. Bunn

In Electrical and Electronic Engineering

1. Zuyi Li
2. Mohammad Shahidehpour
3. Rafal Weron
4. Tao Li
5. Yuzeng Li
6. Haiying Li
7. William W. Hogan
8. W. Xian

Citations in the corpus

• The Demand Elasticity Impacts on the Strategic Bidding Behavior of the Electricity Producers (2007, unknown): “With reference to the literature [13], [15], [17], the strategic offer curve is assumed to be”
• Capacity Constrained Supply Function Equilibrium Models of Electricity Markets: Stability, Non- decreasing constraints, and Function Space Iterations (2002, background): “Because of this wide range of equilibria, the supply function equilibrium framework has very little predictive value if there is no obligation to bid consistently over an extended time horizon [25].”
• Oligopolistic equilibrium analysis for electricity markets: a nonlinear complementarity approach (2004, methodology): “In regard to the solution of LSF equilibrium models, the methods developed in [ 2 ] and [7] make efforts to seek the explicit reaction function of each generating firm.”
• Forecasting Electricity Prices (2003, background): “…that accurate price forecasts will not generally be obtained (Green and Newbery, 1992; Joskow and Frame, 1998; Green, 1999; Batstone, 2000, Skantze et al., 2000; Bunn and Oliveira, 2001; Routledge et al, 2001; Baldick, 2002, Day et al, 2002, Andersen and Xu, 2002; Bessembinder and Lemmon, 2002).”
• A Multiperiod Energy Acquisition Model for a Distribution Company With Distributed Generation and Interruptible Load (2007, background): “Reference [ 9 ] introduces an explicit function approach, namely deriving each Genco’s profit function with their strategic variables.”
• Strategic bidding of transmission-constrained GENCOs with incomplete information (2005, background): “Meanwhile, binding constraints in a power system could also be responsible for the existence of multiple Nash equilibria [ 21 ], [22].”