Equilibrium, uncertainty and risk in hydro-thermal electricity systems
نویسندگان
چکیده
منابع مشابه
Equilibrium, uncertainty and risk in hydro-thermal electricity systems
The correspondence of competitive partial equilibrium with a social optimum is well documented in the welfare theorems of economics. These theorems can be applied to single-period electricity pool auctions in which price-taking agents maximize profits at competitive prices, and extend naturally to standard models with locational marginal prices. In hydro-thermal markets where the auctions are r...
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ژورنال
عنوان ژورنال: Mathematical Programming
سال: 2016
ISSN: 0025-5610,1436-4646
DOI: 10.1007/s10107-015-0972-4