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CDC
2010
IEEE
13 years 4 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»
14 years 15 days 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