Open versus closed loop capacity equilibria in electricity markets under perfect and oligopolistic competition.
Sonja WogrinBenjamin F. HobbsDaniel RalphEfraim CentenoJulián BarquínPublished in: Math. Program. (2013)
Keyphrases
- closed loop
- electricity markets
- competitive market
- open loop
- control system
- control scheme
- control law
- parameter identification
- feedback control
- software agents
- pid controller
- asymptotic stability
- market clearing
- demand function
- market participants
- profit maximizing
- revenue management
- bidding strategies
- reinforcement learning
- fixed point
- game theory
- fuzzy logic
- nash equilibrium
- business models
- flight test
- feedback controller
- disturbance rejection
- intelligent agents
- guaranteed cost