The effects of demand uncertainty on strategic gaming in the merit-order electricity pool market
In a merit-order electricity pool market, generating companies (Gencos) game with their offered incremental cost to meet the electricity demand and earn bigger market shares and higher profits. However when the demand is treated as a random variable instead of as a known constant, these Genco gaming...
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Format: | Others |
Language: | en |
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McGill University
2010
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Online Access: | http://digitool.Library.McGill.CA:80/R/?func=dbin-jump-full&object_id=86969 |