Finding Equilibria in the Pool-Based Electricity Market With Strategic Wind Power Producers and Network Constraints

This paper proposes a model to find the equilibria in the short-term electricity market with large-scale wind power penetration. The behavior of each strategic player is modeled through a two-stage mathematical problem with equilibrium constraints (MPEC), where the upper-level problem maximizes the profit of the strategic player and the lower-level problem… CONTINUE READING

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Citation Velocity: 9

Averaging 9 citations per year over the last 2 years.

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