Hasani-Marzooni, Masoud; Hosseini, Seyed Hamid - In: Renewable Energy 36 (2011) 8, pp. 2205-2219
This paper proposes a decentralized market-based model for long-term capacity investment decisions in a liberalized electricity market with significant wind power generation. In such an environment, investment and construction decisions are based on price signal feedbacks and imperfect foresight...