Strategic Bids in Liberalized Markets

被引：0
|
作者：
Domingues, Nuno [1 ]
Mendes, Victor [1 ]
机构：
[1] ISEL, P-1959007 Lisbon, Portugal
来源：
2008 5TH INTERNATIONAL CONFERENCE ON THE EUROPEAN ELECTRICITY MARKET, VOLS 1 AND 2 | 2008年
关键词：
Strategic Bidding; Generation Surplus; Conjectural Variation; Elastic Demand; Normal Price Distribution;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper presents results of a study concerning the generation strategic bids for a single hour. In this study we incorporated the price and quantity bids. We considered an elastic demand curve, approximated by an affine function, assuming that there is consumer's reaction and that the market price and the demand are related. Also, we consider the competitors reaction using a parameter that represents the conjectural variation. We studied the market behaviour assuming that the market price is represented by a normal probability function. We studied and compared the market behaviour for two price markets types: the MCP (Market Clearing Pay) and PAB (Pay As Bid).
引用
收藏
页码：294 / 299
页数：6
相关论文
共 50 条
  • [1] Equilibria in Electricity and Natural Gas Markets With Strategic Offers and Bids
    Chen, Sheng
    Conejo, Antonio J.
    Sioshansi, Ramteen
    Wei, Zhinong
    IEEE TRANSACTIONS ON POWER SYSTEMS, 2020, 35 (03) : 1956 - 1966
  • [2] Strategic Behavior of Competitive Local Citizen Energy Communities in Liberalized Electricity Markets
    Algarvio, Hugo
    Couto, Antonio
    Lopes, Fernando
    Estanqueiro, Ana
    ENERGIES, 2024, 17 (08)
  • [3] Shaping liberalized telecom markets
    Pitt, DC
    TELECOMMUNICATIONS POLICY, 2000, 24 (10-11) : 803 - 806
  • [4] Gas contracts in liberalized markets
    Trimble, N
    BRENNSTOFF-WARME-KRAFT, 2001, 53 (05): : 21 - 21
  • [5] Innovative technologies in liberalized markets
    Beckervordersandforth, B
    BRENNSTOFF-WARME-KRAFT, 2001, 53 (06): : 3 - 3
  • [6] Quality of supply in liberalized electricity markets
    Michalik-Mielczarska, G
    Mielczarski, W
    10TH INTERNATIONAL CONFERENCE ON HARMONICS AND QUALITY OF POWER, VOLS I AND II, PROCEEDINGS, 2002, : 1 - 6
  • [7] Predatory pricing in liberalized telecommunications markets
    Haucap, J
    Kruse, J
    TRENDS IN INFRASTRUCTURE REGULATION AND FINANCING: INTERNATIONAL EXPERIENCE AND CASE STUDIES FROM GERMANY, 2004, : 43 - 68
  • [8] Liberalized Markets for Power Transmission Capacity
    Staudt, Philipp
    Richter, Bent
    Gaerttner, Johannes
    Weinhardt, Christof
    2018 15TH INTERNATIONAL CONFERENCE ON THE EUROPEAN ENERGY MARKET (EEM), 2018,
  • [9] Liberalized postal markets: Finnish and Swedish experiences
    Leskinen, P
    Palmgren, B
    MANAGING CHANGE IN THE POSTAL AND DELIVERY INDUSTRIES, 1997, : 214 - 234
  • [10] Charge volume minimization in liberalized telecommunication markets
    Niemann, F
    Schulze, C
    Jobmann, K
    ENGINEERING OPTIMIZATION, 2005, 37 (04) : 425 - 435
12345