Modeling methods for GenCo bidding strategy optimization in the liberalized electricity spot market–A state-of-the-art review
The electricity market has since 1980s been gradually evolving from a monopoly market into
a liberalized one for encouraging competition and improving efficiency. This brings the …
a liberalized one for encouraging competition and improving efficiency. This brings the …
A review of market power‐mitigation mechanisms in electricity markets
Participants in the supply and demand sides of electricity markets can potentially exercise
their market power for their benefits. Hence, market power mitigation is an essential …
their market power for their benefits. Hence, market power mitigation is an essential …
Supply chain coordination and decision making under consignment contract with revenue sharing
S Li, Z Zhu, L Huang - International Journal of Production Economics, 2009 - Elsevier
Consignment contract with revenue sharing has been widely applied in many industries and
is especially popular in on-line marketplaces. In this paper we consider a supply chain with …
is especially popular in on-line marketplaces. In this paper we consider a supply chain with …
Capacity sharing, product differentiation and welfare
J Chen, X Wang, Z Chu - Economic research-Ekonomska …, 2020 - Taylor & Francis
This article constructs a duopoly market with product differentiation and analyses profits,
consumer surplus and social welfare under three conditions:(a) two enterprises have …
consumer surplus and social welfare under three conditions:(a) two enterprises have …
Optimal bidding strategy of wind power producers in pay-as-bid power markets
K Afshar, FS Ghiasvand, N Bigdeli - Renewable Energy, 2018 - Elsevier
This paper presents a method to determine the optimal bidding strategy of the wind power
producers with market power for a strategic presence in the day-ahead market with pay as …
producers with market power for a strategic presence in the day-ahead market with pay as …
Understanding how generation flexibility and renewable energy affect power market competition
We study supply function competition among conventional power generators with different
levels of flexibility and the impact of intermittent renewable power generation on the …
levels of flexibility and the impact of intermittent renewable power generation on the …
[PDF][PDF] Economics of grid-scale energy storage
O Karaduman - Job market paper, 2020 - iaee2021online.org
The transition to a low-carbon electricity system is likely to require grid-scale energy storage
to smooth the variability and intermittency of renewable energy. I investigate whether private …
to smooth the variability and intermittency of renewable energy. I investigate whether private …
A hybrid approach based on IGDT–MPSO method for optimal bidding strategy of price-taker generation station in day-ahead electricity market
This paper considers a price-taker generation station producer that participates in a day-
ahead market. The producer behaves as a price-taker participant in the day-ahead electricity …
ahead market. The producer behaves as a price-taker participant in the day-ahead electricity …
An analysis of cost-reduction innovation under capacity constrained inputs
P Nie, C Wang - Applied Economics, 2019 - Taylor & Francis
This article focuses on duopoly cost-reduction innovation with the upstream input subjected
to capacity constraints. By two-stage duopoly model, some interesting conclusions are …
to capacity constraints. By two-stage duopoly model, some interesting conclusions are …
[HTML][HTML] Energy Transition and the role of new natural gas turbines for power production: The case of GT11N2 M generators
TS Genc - Energy Economics, 2024 - Elsevier
Abstract We study General Electric's new combined-cycle natural gas generator called
GT11N2 M upgrade and quantify its economic benefits and the environmental implications …
GT11N2 M upgrade and quantify its economic benefits and the environmental implications …