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Analysis of power pools in the deregulated energy market through simulation
2001
Decision Support Systems
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We study the new market from the perspectives of regional distributors and power pools. ...
To analyse the operation of different kinds of pools, we use simulation and optimisation techniques. ...
Analysis of the Pool In the analysis, the simulation interval is one year (8760 hours). ...
doi:10.1016/s0167-9236(00)00106-8
fatcat:ekmyvj25lvb5pi5x6jhayymks4
Analysis of power pools in the deregulated energy market through simulation
Proceedings of the 32nd Annual Hawaii International Conference on Systems Sciences. 1999. HICSS-32. Abstracts and CD-ROM of Full Papers
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We study the new market from the perspectives of regional distributors and power pools. ...
To analyse the operation of different kinds of pools, we use simulation and optimisation techniques. ...
Analysis of the Pool In the analysis, the simulation interval is one year (8760 hours). ...
doi:10.1109/hicss.1999.772838
dblp:conf/hicss/MakkonenL99
fatcat:n7g7tsifcbcrdaqr44ik3tpohu
Economic assessment of HVDC project in deregulated energy markets
2008
2008 Third International Conference on Electric Utility Deregulation and Restructuring and Power Technologies
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To quantify the benefits of HVDC project in deregulated energy markets, the market simulation tools must be able to adequately represent HVDC operational characteristics, such as controllability and losses ...
His industry experiences include market simulation, market power analysis, system planning, operations research, reliability analysis, energy management systems, and bidding strategy. ...
HVDC APPLICATIONS IN DEREGULATED ENERGY MARKETS
A. ...
doi:10.1109/drpt.2008.4523373
fatcat:wchcpu7cabc3rjej5xh3xwh3hy
Deregulation in electricity: understanding strategic and regulatory risk
1999
Journal of the Operational Research Society
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Power markets and market power Energy J 16: 39-66.
2 Bunn DW, Day C and Vlahos K (1998). Understanding latent market power in the electricity pool of England and Wales. ...
In competitive markets, the ideal is one of deregulation, with the wholesale electricity market for generation and the retail markets for supply becoming self-regulating through competitive forces, leaving ...
doi:10.1057/palgrave.jors.2600695
fatcat:amoqvotvtbhnbcwlubuenjzyou
IMPACT OF INADVERTENT INTERCHANGE PRICING IN DEREGULATED POWER SECTOR
2013
International Journal of Research in Engineering and Technology
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In this paper, combined model consisting of the pool, bilateral and multilateral transaction of deregulated power sector has been considered [11] . ...
In competitive electricity market, power schedule is decided 24 hours ahead of real market but it has been observed that some of the market participants are diverted from their commitments regarding either ...
INTRODUCTION The main objective of the deregulated power sector market [1] is to decrease the cost of electricity through competition. ...
doi:10.15623/ijret.2013.0212085
fatcat:nxjabvgf6rh4jpq5w4bgmpivri
A further step in decision support models for energy markets
2007
European Journal of Operational Research
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The energy industry has been undergoing deregulation in many countries over the past two decades. ...
In particular, they look at the question of how market performance depends upon the technologies in the generators power plant portfolios, and whether there is a tendency for the market to evolve into ...
doi:10.1016/j.ejor.2006.03.019
fatcat:fqyd3ldpnjdppm6qiktkieo32m
Dynamic analysis of various investment incentives and regional capacity assignment in Iranian electricity market
2013
Energy Policy
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Introduction Several electric power systems around the world have been going through the process of restructuring in order to introduce commercial incentives in the expansion of electric power supply chain ...
At the same time, unbundling of generation, transmission, and distribution has been arisen in addition to deregulation and privatization of power systems. ...
doi:10.1016/j.enpol.2012.12.059
fatcat:fel3fohcofhkrd2fpyfn7kmykm
Determinantes del Precio de la Electricidad en Mercados No Regulados: Un Análisis Bibliométrico
2021
Ingeniería y Competitividad
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In section 3, the results are described; in section 4, the determinants of the electricity price in competitive markets are presented through bibliometric analysis results and the case of the Latin American ...
Subject areas and methodology approaches Given the deregulated process in energy markets, the modeling and forecasting of electricity prices require different methods. ...
doi:10.25100/iyc.v24i1.11336
fatcat:ycawijkvqjd4bgt7c3ctkdwnxa
Real-world market representation with agents
2004
IEEE Power and Energy Magazine
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This article has been created by the University of Chicago as operator of Argonne National Laboratory ("Argonne") under Contract No. W-31-109-ENG-38 with the U.S. Department of Energy. ...
Acknowledgments The work on the modeling of electricity markets as complex adaptive systems using ABMS approach involves a multi-disciplinary team of Argonne National Laboratory researchers. ...
In addition to the pool energy market, the simulation includes several ancillary services markets after the pool market closes. ...
doi:10.1109/mpae.2004.1310872
fatcat:npu3j4d26zggnfehuu4bjm5fvy
Generation Investment and Risks Modeling in a Deregulated Electricity Market
2010
International Journal of Emerging Electric Power Systems
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A new probabilistic model to simulate generation investment and risks applicable in a deregulated market is proposed. ...
In this process, probabilistic production cost simulation is applied to simulate energy dispatches. ...
Normally, price taker peak plants are not cleared in the pool market for several hours in a day and such plants cannot earn profit unless their substantial capacity is hedged through bilateral contract ...
doi:10.2202/1553-779x.2502
fatcat:kpqz2q7twbhabjgtgsd5q2ofmm
Pricing Decisions in Power Pools: The Case of Developing and Emerging Economies
2013
The Journal of Economics Studies and Research
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To get a better understanding of the real functioning of these markets, an in-class simulation is developed using fictitious but close-to-reality data. ...
and are asked to participate in a simulation. ...
Simulations like the one presented in this paper contribute to the understanding of the real functioning of the power markets (Borenstein 1999) . ...
doi:10.5171/2013.475551
fatcat:4xckaiwx5rd3zjobqitp4at3e4
Comprehensive Review on Electricity Market Price and Load Forecasting Based on Wind Energy
2021
Energies
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To this end, this research shows the main variables of developing electricity markets through wind energy. ...
The improvements of the forecasting methods in this market are necessary and attract market participants as well as decision makers. ...
Introduction The government-controlled and monopolistic characteristics of the power sector has been changing since the beginning of the 1990s with the introduction of competitive market and deregulation ...
doi:10.3390/en14227473
fatcat:dcl5h7ciznf2jbs6gzr3tritiy
A Review on the Complementarity Modelling in Competitive Electricity Markets
2021
Energies
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In recent years, the ever-increasing research interest in various aspects of the electricity pool-based markets has generated a plethora of complementarity-based approaches to determine participating agents ...
In particular, the integration of multiple and diversified market agents, such as conventional generation companies, renewable energy sources, electricity storage facilities and agents with a mixed generation ...
Conflicts of Interest: The authors declare no conflict of interest. ...
doi:10.3390/en14217133
fatcat:zz7zdny2bvd5rphizrzsny6bzm
Hydro Scheme Control in a Deregulated Environment: Cognitive Work Models and Design Implications
2003
Proceedings of the Human Factors and Ergonomics Society Annual Meeting
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1 Most studies of the human supervisor in the power industry have focused on how the reactor operator monitors the energy source and the containment of radiation and controls thermodynamic cycles, while ...
In contrast, the human supervisor of hydroelectric generation in a dynamic, deregulated, market environment, where control activity is motivated increasingly by market forces, has a surprisingly different ...
Acknowledgments We thank the hydro power plant controllers who have provided us with detailed information about their activities. ...
doi:10.1177/154193120304700344
fatcat:ubbtslzwuzgmdmob2dioavwfpi
Navigating Towards a Sustainable Electricity Supply in Indonesia
2014
Modern Applied Science
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The objective of this study is to explore the effectiveness of a competitive electricity market structure in the Indonesian case. ...
This study proposes to use an agent based model to simulate a competitive market. ...
Acknowledgments The work described in this paper is part of a project funded by the Australian Indonesian Governance Research Partnership (AIGRP) grant. ...
doi:10.5539/mas.v8n6p14
fatcat:pybpvoedgvglpiugonryepvluu
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