Short term wholesale electricity market designs: A review of identified challenges and promising solutions
The electricity market is being increasingly challenged by new trends, such as the high
penetration of intermittent renewables and the transformation of the consumers' energy …
penetration of intermittent renewables and the transformation of the consumers' energy …
A systematic review of European electricity market design options
S Honkapuro, J Jaanto, S Annala - Energies, 2023 - mdpi.com
The European electricity market model continues to evolve in the face of new challenges.
This systematic literature review aims to assess the status of research and discussion on the …
This systematic literature review aims to assess the status of research and discussion on the …
Finding Nash equilibrium based on reinforcement learning for bidding strategy and distributed algorithm for ISO in imperfect electricity market
L Yu, P Wang, Z Chen, D Li, N Li, R Cherkaoui - Applied Energy, 2023 - Elsevier
Finding Nash equilibrium in an imperfect market with active and strategic resources is key to
the successful operation of the electricity market. A hierarchical Nash distributed …
the successful operation of the electricity market. A hierarchical Nash distributed …
Redesigning capacity market to include flexibility via ramp constraints in high-renewable penetrated system
Capacity markets can co-exist alongside the energy and ancillary markets to ensure the
medium-term and long-term supply adequacy by remunerating the generation resources for …
medium-term and long-term supply adequacy by remunerating the generation resources for …
Benefits of regional coordination of balancing capacity markets in future European electricity markets
M Ihlemann, A van Stiphout, K Poncelet, E Delarue - Applied energy, 2022 - Elsevier
In the face of growing balancing requirements, there is increased interest in cross-border
coordination of balancing capacity markets. Despite improved coordination of balancing …
coordination of balancing capacity markets. Despite improved coordination of balancing …
Optimum day-ahead clearing for high proportion hydropower market considering complex hydraulic connection
Z Jia, J Shen, C Cheng, Y Zhang, Q Lyu - International Journal of Electrical …, 2022 - Elsevier
Over the past few decades, China has built a batch of high proportion hydropower systems
(HPHSs) in southwest China. In these HPHSs, it is very common that the upstream and …
(HPHSs) in southwest China. In these HPHSs, it is very common that the upstream and …
[HTML][HTML] Simulation-based estimation of the economic benefits implied by coordinated balancing capacity procurement and deployment in a day-ahead market model
D Csercsik - Energy Strategy Reviews, 2023 - Elsevier
In this paper we analyze how increasing levels of cooperation in reserve procurement and
activation affect the implied economic benefits and the respective network loads assuming …
activation affect the implied economic benefits and the respective network loads assuming …
Decentralized multi-area multi-agent economic dispatch model using select meta-heuristic optimization algorithms
OM Adeyanju, LN Canha - Electric Power Systems Research, 2021 - Elsevier
This paper presents a decentralized multiarea multiagent economic dispatch (DMMED)
model using select meta-heuristic optimization (MO) algorithms. The previous multiarea …
model using select meta-heuristic optimization (MO) algorithms. The previous multiarea …
Co-optimization of energy and reserve with incentives to wind generation
Y Smeers, S Martin, JA Aguado - IEEE Transactions on Power …, 2021 - ieeexplore.ieee.org
Transitioning from fossil fuel dominated power systems to high penetrations of intermittent
renewable generation is affecting classical electricity market designs. Here, a method is …
renewable generation is affecting classical electricity market designs. Here, a method is …
Equilibrium stability of asymmetric evolutionary games of multi-agent systems with multiple groups in open electricity market
L Yin, S Li, F Gao - Ieee Access, 2020 - ieeexplore.ieee.org
The asymptotically stable equilibrium points of asymmetric evolutionary games for multiple
groups with multiple game strategies are obtained. The evolution of four groups and more …
groups with multiple game strategies are obtained. The evolution of four groups and more …