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CDC
2010
IEEE
12 years 8 months ago
On the stability of wholesale electricity markets under real-time pricing
— The paper proposes a mathematical model for the dynamic evolution of supply, demand, and clearing prices under a class of real-time pricing mechanisms characterized by passing ...
Mardavij Roozbehani, Munther Dahleh, Sanjoy K. Mit...
APPML
2006
65views more  APPML 2006»
13 years 4 months ago
Some inequalities related to the analysis of electricity auctions
Most balancing markets of electric power are organized as uniform-price auctions. In 2001, the balancing market of England and Wales switched to a pay-as-bid auction with the inte...
Peter Hästö, Pär Holmberg