Results 11 to 20 of about 206,755 (203)

Two-Level Optimal Bidding Strategy for Load Aggregator Based on a Data-Driven Approach Combined With LSTM-Based Forecasting and Agent-Based Models

IEEE Access, 2023
Demand response (DR) is an economical way of addressing the challenges faced by the massive penetration of distributed energy resources, such as renewable energy.
Han Seok Ryu, Hyung Joon Kim, Mun Kyeom Kim   +2 more
doaj   +2 more sources

Long Term Expected Revenue of Wind Farms Considering the Bidding Admission Uncertainty

Energies, 2016
As a long term bidding behavior, bid shading is exhibited by wind farms participating in real Uniform Price (UP) markets. This signifies that the wind farm owners bid far below their true long run marginal cost.
Mazaher Haji Bashi, Gholamreza Yousefi, Claus Leth Bak, Jayakrishnan Radhakrishna Pillai   +3 more
doaj   +2 more sources

Challenges of Electronic Reverse Auctions in Construction Industry—A Review

Economies, 2020
The innovation of construction procurement by means of electronic reverse auctions is a controversial subject of discussion among both researchers and practitioners.
Tomáš Hanák, Ivan Marović, Nikša Jajac   +2 more
doaj   +2 more sources

An integrated microsimulation approach to land-use and mobility modeling

Journal of Transport and Land Use, 2018
This paper presents an overview of the design and status of a new type of land-use simulation module integrated into SimMobility, an agent-based microsimulation platform.
Yi Zhu, Mi Diao, Joseph Ferreira, Christopher Zegras   +3 more
doaj   +2 more sources

Simulation of the Bidding Behavior of Electricity Retailers Based on the Q -Learning Algorithm

Wireless Communications and Mobile Computing, 2022
At present, the reform of electricity marketization has become a new trend in the development of the world’s electric power industry and electricity retailers have a huge role in further activating power market competition.
Yuting Xie, Lin Tian, Jinqing Luo, Xiuzhen Hu, J. Qin, Kangan Shu, Wenyuan Huang   +6 more
semanticscholar   +1 more source

On the long-term efficiency of market splitting in Germany

Energy Policy, 2021
In Europe, the ongoing renewable expansion and delays in the planned grid extension have intensified the discussion about an adequate electricity market design.
C. Fraunholz, Dirk Hladik, D. Keles, D. Möst, W. Fichtner   +4 more
semanticscholar   +1 more source

Does prior knowledge of food fraud affect consumer behavior? Evidence from an incentivized economic experiment.

PLoS ONE, 2019
This study uses a laboratory experiment to examine whether prior knowledge of food fraud persistently affects consumer behavior. We invited regular consumers of olive oil to participate in an olive oil valuation experiment.
Syed Imran Ali Meerza, Christopher R Gustafson   +1 more
doaj   +1 more source

Price formation without fuel costs: The interaction of demand elasticity with storage bidding [PDF]

Energy Economics
Studies looking at electricity market designs for very high shares of wind and solar often conclude that the energy-only market will break down. Without fuel costs, it is said that there is nothing to set prices. Symptoms of breakdown include long phases
Tom Brown, Fabian Neumann, Iegor Riepin
semanticscholar   +1 more source

Evolutionary game-theoretical approaches for long-term strategic bidding among diverse stakeholders in large-scale and local power markets: Basic concept, modelling review, and future vision

International Journal of Electrical Power & Energy Systems
Evolutionary game theory (EGT) has unique advantages in analyzing the spontaneous formation of social habits, norms, institutions or systems and their influencing factors. In the electricity bidding market, power generation companies and grid enterprises
Lefeng Cheng, Pengrong Huang, Tao Zou, Mengya Zhang, Pan Peng, Wentian Lu   +5 more
doaj   +1 more source

Auctioning Long-Term Projects under Financial Constraints

The Review of Economic Studies
We consider a procurement auction for the provision of a basic service to which an add-on must later be appended. Potential providers are symmetric, have private information on their cost for the basic service and the winning firm must also implement ...
M. Arve, D. Martimort
semanticscholar   +1 more source