Strategic equilibria in centralized electricity markets

2001 IEEE Porto Power Tech Proceedings

Volumn 1, Issue , 2001, Pages 246-251

  Correia, Pedro F ^a   Weber, James D ^b   Overbye, Thomas J ^a   Hiskens, Ian A ^a  

^a University of Illinois at Urbana Champaign   (United States)

^b PowerWorld Corporation   (United States)

Author keywords

Complete information; Nash equilibria; Rational players

Indexed keywords

BIDDING SPACE; COMPETITION IN ELECTRICITY MARKETS; COMPETITIVE ELECTRICITY MARKETS; COMPLETE INFORMATION; DECISION MAKERS; ELECTRICITY MARKET; GRID MODEL; INDEPENDENT GRID OPERATORS; MARKET PARTICIPANTS; MULTIPLE EQUILIBRIUM; NASH EQUILIBRIA; RATIONAL PLAYERS; STRATEGIC BIDDING; UTILITY FUNCTIONS;

PROFITABILITY;

COMMERCE;

EID: 84861396071     PISSN: None     EISSN: None     Source Type: Conference Proceeding    
DOI: 10.1109/PTC.2001.964606     Document Type: Conference Paper

References (10)

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3. Harry Singh, IEEE Tutorial on Game Theory Applications in Electric Power Markets. New York: IEEE Power Engineering Society, Winter Meeting, 1999.
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8. J. D. Weber and T. J. Overbye, "A Two-level Optimization Problem for Analysis of Market Bidding Strategies", in Proc. of 1999 IEEE Power Engineering Society Summer Meeting., pp. 682-687.
9. F. C. Schweppe, M. C. Caramanis, R. D. Tabors, and R. E. Bohn, Spot Pricing of Electricity, Norwell, MA: Kluwer Academic Publishers, 1988.
10. California ISO, ISO Tariff, April 1998, [Online]. Available: http://www.caiso.com/