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The effect of customer participation in electricity markets: an experimental analysis of alternative market structures
2004
37th Annual Hawaii International Conference on System Sciences, 2004. Proceedings of the
An experimental structure is demonstrated that represents end-use customers in electricity markets who can substitute part of their usage between day and night. Individuals' demand relationships are represented by a two-step value function for each period that are disaggregated from observed market demand relationships. Demand varies between day and night and during heat waves. Three alternative demandside market structures are evaluated: 1) customers pay the same fixed price (FP) in all
doi:10.1109/hicss.2004.1265174
fatcat:yf5xz47kbrdx5ndaymot4ilx4i