Demand response program is being implemented in the National Electricity Market of Singapore, which boosts the … flexibility of demand side to actively participate in the real-time electricity market. Meanwhile, it is also significant to …, such as the uncertain electricity load. Regarding the issue, this paper proposes a day-ahead bidding and clearing framework …

The European electricity market design is based on zonal markets with uniform prices. Locational price signals within … distortions of the electricity market, both in the short- and in the long-term.In this paper, we study these distortions with a … and investment model of the European electricity system and gradually restrict the allowed expansion of the transmission …