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Energy, reserve and adjustment market behavior with industry network, demand and generator parameters

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Energy, Reserve and Adjustment Market Behavior With Industry Network, Demand and Generator Parameters

Olson, Mark A.; Rassenti, Stephen; Smith, Vernon L. - In: Handbook of Experimental Economics Results

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Oligopoly competition in fixed cost environments

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Chapter 73 Energy, Reserve and Adjustment Market Behavior With Industry Network, Demand and Generator Parameters

Olson, Mark A.; Rassenti, Stephen; Smith, Vernon L. - In: Handbook of experimental economics results : volume 1, (pp. 681-699). 2008

This chapter summarizes results from various experiments that uses a complex 9-node network market with parameters supplied by the electric utility industry. In the experiments conducted, the chapter uses a DC model with quadratic line losses to compute the real power flows in the aggregated...

Persistent link: https://www.econbiz.de/10014023574