Equilibria in Two-Stage Electricity Markets

被引：0
|
作者：
Gupta, Abhishek [1 ]
Jain, Rahul [1 ]
Poolla, Kameshwar [2 ]
Varaiya, Pravin [2 ]
机构：
[1] Univ Southern Calif, Dept Elect Engn, Los Angeles, CA 90089 USA
[2] Univ Calif Berkeley, Dept Elect Engn & Comp Sci, Berkeley, CA 94720 USA
来源：
2015 54TH IEEE CONFERENCE ON DECISION AND CONTROL (CDC) | 2015年
关键词：
EFFICIENCY;
D O I：
暂无
中图分类号：
TP [自动化技术、计算机技术];
学科分类号：
0812 ;
摘要：
Most electricity markets have multiple stages, which include one or more forward markets and the spot market. We consider two stages-a day-ahead market and a real-time market. We study equilibrium outcomes in such markets assuming demand to be deterministic. We show via counterexamples that in such two-stage electricity markets, (i) a Nash equilibrium may not exist, or (ii) there may be multiple inefficient Nash equilibria. We also give two sufficient conditions - a "congestion-free" condition and a "monopoly-free" condition - under which a subgame perfect Nash equilibrium exists and yields efficient outcome.
引用
收藏
页码：5833 / 5838
页数：6
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