A mathematical modeling technique with network flows for social welfare maximization in deregulated electricity markets
This paper presents a sequential solution method to discover efficient trades in an electricity market model. The market model represents deregulated electricity market consisting of four types of participants: independent power producers, retailers, public utilities, and consumers. Our model is bas...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2016-01-01
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Series: | Operations Research Perspectives |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2214716016300215 |