Demand modelling in electricity market with day-ahead dynamic pricing.
Qian MaXiao-Jun ZengPublished in: SmartGridComm (2015)
Keyphrases
- electricity markets
- dynamic pricing
- supply chain management
- market prices
- electric power
- market clearing
- bidding strategies
- market conditions
- software agents
- unit commitment
- pricing model
- inventory control
- revenue management
- power generation
- learning curve
- demand function
- profit maximizing
- optimal pricing
- pricing strategies
- wind power
- business models
- market participants
- online auctions
- artificial intelligence
- inventory replenishment
- production capacity
- power system
- cost function
- expert systems
- reinforcement learning