Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5001583 | The Electricity Journal | 2017 | 8 Pages |
Abstract
Game theory has provided a practical tool to model players' strategic behavior in electricity markets, particularly as the world moves towards a more competitive market. A game theoretic approach can be used to find the clearing electricity price in a retail electricity market with a high penetration of small and mid-size renewable suppliers.
Related Topics
Physical Sciences and Engineering
Energy
Energy Engineering and Power Technology
Authors
Saeed Azad, Ehsan Ghotbi,