An equilibrium model for electricity auctions
Applicationes Mathematicae, Tome 30 (2003) no. 2, pp. 243-249

Voir la notice de l'article provenant de la source Institute of Mathematics Polish Academy of Sciences

This work discusses the process of price formation for electrical energy within an auction-like trading environment. Calculating optimal bid strategies of power producers by equilibrium arguments, we obtain the corresponding electricity price and estimate its tail behavior.
DOI : 10.4064/am30-2-7
Keywords: work discusses process price formation electrical energy within auction like trading environment calculating optimal bid strategies power producers equilibrium arguments obtain corresponding electricity price estimate its tail behavior

Juri Hinz 1

1 Mathematisches Institut Universität Tübingen 72076 Tübingen, Germany
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Juri Hinz. An equilibrium model for electricity auctions. Applicationes Mathematicae, Tome 30 (2003) no. 2, pp. 243-249. doi: 10.4064/am30-2-7

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