OPTIMIZATION MODELS OF THE UKRAINIAN POWER INDUSTRY
Abstract. The paper deals with the environmental aspect of power industry development and uses unilateral and bilateral auction and games theory optimization modeling to simulate competitive market introduction to the Ukrainian electric power industry. The main goal of the research is to investigat...
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2013-01-01
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Series: | Ekonomika |
Online Access: | https://www.journals.vu.lt/ekonomika/article/view/2339 |
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doaj-31f783ced23c4ddeb87e104dc2b256432020-11-25T02:35:16ZengVilnius University PressEkonomika1392-12582424-61662013-01-0192410.15388/Ekon.2013.0.2339OPTIMIZATION MODELS OF THE UKRAINIAN POWER INDUSTRYNataliia Slushaienko Abstract. The paper deals with the environmental aspect of power industry development and uses unilateral and bilateral auction and games theory optimization modeling to simulate competitive market introduction to the Ukrainian electric power industry. The main goal of the research is to investigate how the transition will influence prices’, volumes’ dynamics and benefit distribution among market players while also addressing the problem of possible market fluctuations due to price sensitivity. Key words: electric power market, environment, competitive market introduction, auctions, games theory https://www.journals.vu.lt/ekonomika/article/view/2339 |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Nataliia Slushaienko |
spellingShingle |
Nataliia Slushaienko OPTIMIZATION MODELS OF THE UKRAINIAN POWER INDUSTRY Ekonomika |
author_facet |
Nataliia Slushaienko |
author_sort |
Nataliia Slushaienko |
title |
OPTIMIZATION MODELS OF THE UKRAINIAN POWER INDUSTRY |
title_short |
OPTIMIZATION MODELS OF THE UKRAINIAN POWER INDUSTRY |
title_full |
OPTIMIZATION MODELS OF THE UKRAINIAN POWER INDUSTRY |
title_fullStr |
OPTIMIZATION MODELS OF THE UKRAINIAN POWER INDUSTRY |
title_full_unstemmed |
OPTIMIZATION MODELS OF THE UKRAINIAN POWER INDUSTRY |
title_sort |
optimization models of the ukrainian power industry |
publisher |
Vilnius University Press |
series |
Ekonomika |
issn |
1392-1258 2424-6166 |
publishDate |
2013-01-01 |
description |
Abstract. The paper deals with the environmental aspect of power industry development and uses unilateral and bilateral auction and games theory optimization modeling to simulate competitive market introduction to the Ukrainian electric power industry. The main goal of the research is to investigate how the transition will influence prices’, volumes’ dynamics and benefit distribution among market players while also addressing the problem of possible market fluctuations due to price sensitivity.
Key words: electric power market, environment, competitive market introduction, auctions, games theory
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url |
https://www.journals.vu.lt/ekonomika/article/view/2339 |
work_keys_str_mv |
AT nataliiaslushaienko optimizationmodelsoftheukrainianpowerindustry |
_version_ |
1724804414896603136 |