Fractional?order dynamical model for electricity markets

In this article, we use a generalized system of differential equations fractional-order to incorporate memory into an electricity market model. By using idea, essential information from the past, such as behavior participants, namely, suppliers and consumers, can be used have impact on future decisions. We construct dynamical model, study its solutions, provide closed formulas solutions. Finally, application by proposed formula solutions well numerical example which also compares model with conventional, integer-order Results indicate that inclusion leads participants adopt conservative behavior.