This demonstration shows an agent-based model for the electricity power market, in which the optimal power flow is determined in a bottom-up fashion. Here, each agent controls a s...
Jaime Cerda Jacobo, David De Roure, Enrico H. Gerd...
Deregulated wholesale markets for bulk electricity supplies are likely to deviate from the perfectly competitive ideal in many areas where transmission losses, costs and capacity ...
The analysis in this paper demonstrates that a combination of 1) a forward contact, with fixed price for both base land and peaking power, and 2) a collar option for the number of...
The electricity market has changed rapidly in the Northern European countries. Harmonisation of the legislation and trading methods widens the market area outside national limits....