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Perfect competition vs. strategic behaviour models to derive electricity prices and the influence of renewables on market power.
Susanne Koschker
Dominik Möst
Published in:
OR Spectr. (2016)
Keyphrases
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electricity markets
market participants
competitive market
decision making
market prices
software agents
market clearing
power generation
bidding strategies
electric power
wind power
demand forecasting
power grid
online markets
market data
load forecasting
diffusion model
game theory
probabilistic model