Equilibrium price distributions in energy markets with shiftable demand

@article{Materassi2012EquilibriumPD,
  title={Equilibrium price distributions in energy markets with shiftable demand},
  author={Donatello Materassi and Mardavij Roozbehani and Munther A. Dahleh},
  journal={2012 IEEE 51st IEEE Conference on Decision and Control (CDC)},
  year={2012},
  pages={3183-3188}
}
The paper examines existence of equilibrium price distributions in energy markets with real-time pricing and consumers with time-flexible demands. Previous works have examined consumer optimal policies for shifting time-flexible loads up to a deadline, in response to an exogenous and stochastic price process. It is shown here that under some mild assumptions on the stochastic price process and the information structure in the market, the individual consumer's optimal policy is a threshold… CONTINUE READING
Highly Cited
This paper has 36 citations. REVIEW CITATIONS

From This Paper

Figures, tables, and topics from this paper.
26 Citations
7 References
Similar Papers

References

Publications referenced by this paper.
Showing 1-7 of 7 references

The Future of the Electric Grid

  • K. Afridi, A. M. Farid, +8 authors G. L. Wilson
  • MIT Press
  • 2011
Highly Influential
5 Excerpts

Load - shifting under perfect and partial information : Models , robust policies , and economic value

  • M. Ohannessian M. Roozbehani, D. Materassi, M. A. Dahleh
  • 2012

Load-shifting under perfect and partial information: Models

  • M. Roozbehani, M. Ohannessian, D. Materassi, M. A. Dahleh
  • robust policies, and economic value,” Operations…
  • 2012
3 Excerpts

and A

  • M. J. Neely, A. S. Tehrani
  • G. Dimakis, “Efficient algorithms for renewable…
  • 2010
1 Excerpt

Similar Papers

Loading similar papers…