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» An agent-based electrical power market
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HICSS
2000
IEEE
102views Biometrics» more  HICSS 2000»
13 years 12 months ago
Strategic Behavior in Spot Markets for Electricity when Load is Stochastic
In the first part of the paper, daily price data for the past three summer seasons in the PJM wholesale market are used to estimate a stochastic regime switching model. These data...
Timothy Mount
HICSS
2003
IEEE
81views Biometrics» more  HICSS 2003»
14 years 24 days ago
Ex Ante and Ex Post Designs for Electric Market Mitigation: Past and Present Experience and Lessons from California
Restructuring in electric power sectors took a significant step backward in the summer of 2000 when wholesale and retail markets in California experienced staggering price increas...
Richard Tabors, Judith B. Cardell
APPML
2006
65views more  APPML 2006»
13 years 7 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
SIGPRO
2002
72views more  SIGPRO 2002»
13 years 7 months ago
Modeling electricity loads in California: ARMA models with hyperbolic noise
In this paper we address the issue of modeling and forecasting electricity loads. We apply a two-step procedure to a series of system-wide loads from the California power market. ...
J. Nowicka-Zagrajek, R. Weron
SIAMCO
2002
77views more  SIAMCO 2002»
13 years 7 months ago
Necessary and Sufficient Conditions for Optimal Offers in Electricity Markets
In this paper, we consider the optimal policy for a generator offering power into a wholesale electricity market operating under a pool arrangement. Anderson and Philpott [Math. Op...
Edward J. Anderson, Huifu Xu