A Game-Theoretical Dynamic Model for Electricity Markets

  • Aswin Kannan
  • Victor M. Zavala
    • Categories Applications - OR and Management Sciences, Dynamic Programming, Game Theory Tags , , , , , , , Short URL: https://optimization-online.org/?p=11282

    We present a game-theoretical dynamic model for competitive electricity markets.We demonstrate that the model can be used to systematically analyze the effects of ramp constraints, initial conditions, dynamic disturbances, forecast horizon, bidding frequency, and some other factors on the price signals.We illustrate the capabilities of the model using a numerical case study

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