In zonal electricity markets, such as Europe's, system operators relieve congested power lines within bidding zones … using out-of-market measures. One such measure is "redispatching" power plants, i.e. increasing the output of one power … through voluntary markets. In this paper, we introduce a simple graphical model of a zonal spot market with a locational …

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 generally smoothes conventional generation patterns and market prices and …

This paper proposes a game-theoretic model to analyze the strategic behavior of inc-dec gaming in market … setup of two regions. We also benchmark market-based redispatch against grid investment, cost-based redispatch, and the … Vickrey-Clarke-Groves mechanism. The comparison highlights a significant inefficiency of market-based redispatch and inflated …