کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
481919 | 1446192 | 2007 | 13 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Oligopoly models for market price of electricity under demand uncertainty and unit reliability
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موضوعات مرتبط
مهندسی و علوم پایه
مهندسی کامپیوتر
علوم کامپیوتر (عمومی)
پیش نمایش صفحه اول مقاله
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چکیده انگلیسی
Several oligopoly models have been proposed for representing strategic behavior in electricity markets, which include Bertrand, Cournot, and Supply Function Equilibrium (SFE). For the most part, these models are deterministic, with the exception of the SFE originally developed by Klemperer and Meyer. However, their model does not include supply side uncertainties. In this paper, we consider both load and supply side uncertainties (resulting from generator availabilities). We obtain Nash equilibrium solutions for Cournot and SFE models, in which asymmetric firms (whose generating units have different costs and capacities) submit their bids so that each firm’s expected profit is maximized.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: European Journal of Operational Research - Volume 181, Issue 3, 16 September 2007, Pages 1309–1321
Journal: European Journal of Operational Research - Volume 181, Issue 3, 16 September 2007, Pages 1309–1321
نویسندگان
Lizhi Wang, Mainak Mazumdar, Matthew D. Bailey, Jorge Valenzuela,