Highly Influenced

@inproceedings{Hobbs2003Chapter3C, title={Chapter 3 Complementarity-Based Equilibrium Modeling for Electric Power Markets}, author={Benjamin F. Hobbs and Udi Helman}, year={2003} }

- Published 2003

Complementarity-based power market models represent the constrained optimization problems of electricity generators, consumers, arbitragers, and transmitters. These models directly solve a system of conditions that include each player’s first-order optimality conditions plus market clearing. We introduce basic complementarity modeling concepts and a general… CONTINUE READING

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