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Reliability and Competitive Electricity Markets [PDF]
We derive the optimal prices and investment program for an electric power system when there are price‐insensitive retail consumers served by load serving entities that can choose any level of rationing contingent on real‐time prices. We then examine the assumptions required for competitive electricity markets to achieve this optimal price and ...
Jean Tirole+3 more
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Scenario-based forecast for the electricity demand in Qatar and the role of energy efficiency improvements [PDF]
We model the electricity consumption in the market segment that compose the Qatari electricity market. We link electricity consumption to GDP growth and Population Growth.
Caporin, Massimiliano+2 more
core +1 more source
Electric Vehicle Communities for Electric Market [PDF]
In this work is proposed the design of a system to create and handle an Electric Vehicle (EV) community, based on social networks collaborative approach and a credit mechanism to incentive participation and divide profits. This system is part of a V2G (Vehicle-to-Grid) module that allows EV owners to be aggregated in communities and participate in the ...
João C. Ferreira, João L. Afonso
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Game theory analysis for carbon auction market through electricity market coupling [PDF]
In this paper, we analyze Nash equilibria between electricity producers selling their production on an electricity market and buying CO2 emission allowances on an auction carbon market.
Bossy, Mireille+2 more
core +6 more sources
Market Design in Wholesale Electricity Markets [PDF]
As European countries move towards complete unbundling in electricity markets, some issues regarding market design are still under discussion. In particular, which market configuration would give the right incentives to promote efficiency and reduce final prices.
Sanin Vazquez, María Eugenia
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Transparency in Electricity Markets [PDF]
The European Commission is introducing new regulations on submission and publication of data in electricity markets (SPDEM) and on wholesale energy market integrity and transparency (REMIT). I discuss issues relevant for undertaking an evaluation of such regulations.
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Electricity market design [PDF]
Electricity markets are designed to provide reliable electricity at least cost to consumers. This paper describes how the best designs satisfy the twin goals of short-run efficiency-making the best use of existing resources-and long-run efficiency-promoting efficient investment in new resources.
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Pricing of fluctuations in electricity markets [PDF]
In an electric power system, demand fluctuations may result in significant ancillary cost to suppliers. Furthermore, in the near future, deep penetration of volatile renewable electricity generation is expected to exacerbate the variability of demand on conventional thermal generating units.
Tsitsiklis, John N., Xu, Yunjian
openaire +6 more sources
Development of Neurofuzzy Architectures for Electricity Price Forecasting [PDF]
In 20th century, many countries have liberalized their electricity market. This power markets liberalization has directed generation companies as well as wholesale buyers to undertake a greater intense risk exposure compared to the old centralized ...
Alshejari, A+5 more
core +1 more source
Investment Incentives and Electricity Spot Market Design [PDF]
In liberalized electricity markets strategic firms compete in an environment characterized by fluctuating demand and non-storability of electricity.
Grimm, Veronika, Zöttl, Gregor
core +2 more sources