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The Province of Ontario has had a very aggressive program of introducing wind electricity generation technologies into its generation supply mix. This program, combined with the rigid baseload production by nuclear and hydro plants, has created a surplus baseload electricity supply for 20 years....
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with optimization approaches. In this paper, we develop a novel privacy-preserving approach for decentralized optimization … results show that our developed algorithm outperforms the other approaches for scheduling based decentralized optimization … optimization and thus the strong need for coordination approaches. Another contribution of this paper is the development and …
Persistent link: https://www.econbiz.de/10012200253
Part I Smart Grid Economics -- Chapter 1 Economics of Smart Grid: Smart Grid, Time-dependent Pricing (Dynamic Pricing), Demand Response -- Part II Field Experimental Economics -- Chapter 2 Economics of Field Experiment: History of Field Experiment, especially in Energy and Environmental...
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We review the recent empirical research concerning market power on the Nordic wholesale market for electricity, Nord Pool. There is no evidence of blatant and systematic exploitation of system level market power on Nord Pool. However, generation companies seem from time to time able to take...
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We develop a game-theoretic electricity market model that allows analyzing strategic electricity storage in an imperfect market setting. We apply the model to Germany and examine different cases of strategic and non-strategic pumped hydro storage operation. We find that introducing storage...
Persistent link: https://www.econbiz.de/10012040651
In this paper, we develop the game-theoretic electricity market model ElStorM that includes the possibility of strategic electricity storage. We apply the model to the German electricity market and analyze different realistic and counterfactual cases of strategic and non-strategic pumped hydro...
Persistent link: https://www.econbiz.de/10014200939