Electricity market near-equilibrium under locational marginal pricing and minimum profit conditions.
Raquel García-BertrandAntonio J. ConejoSteven A. GabrielPublished in: Eur. J. Oper. Res. (2006)
Keyphrases
- profit maximizing
- electricity markets
- nash equilibrium
- optimal pricing
- market participants
- demand function
- bidding strategies
- game theory
- electric power
- software agents
- profit maximization
- pricing model
- power generation
- market clearing
- unit commitment
- dynamic pricing
- wind power
- revenue management
- cooperative
- pricing strategies
- market conditions
- social welfare
- mechanism design
- artificial intelligence
- business models
- multistage
- supply chain