Pricing Wind: A Revenue Adequate, Cost Recovering Uniform Price Auction for Electricity Markets with Intermittent Generation.
Golbon ZakeriGeoffrey PritchardMette BjørndalEndre BjørndalPublished in: INFORMS J. Optim. (2019)
Keyphrases
- electricity markets
- bidding strategies
- budget constraints
- wind power
- auction mechanisms
- market clearing
- mechanism design
- profit maximizing
- electric power
- dynamic pricing
- sealed bid auctions
- return on investment
- multi unit
- agent based simulation
- power generation
- unit commitment
- software agents
- revenue management
- case study
- wind speed
- combinatorial auctions
- total cost
- test bed
- incomplete information
- multi agent systems