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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Main Author: Nataliia Slushaienko
Format: Article
Language:English
Published: Vilnius University Press 2013-01-01
Series:Ekonomika
Online Access:https://www.journals.vu.lt/ekonomika/article/view/2339
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spelling 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
url https://www.journals.vu.lt/ekonomika/article/view/2339
work_keys_str_mv AT nataliiaslushaienko optimizationmodelsoftheukrainianpowerindustry
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