Публикации

Interaction of generation companies in the electricity market of Russia

Статья конференции
Aizenberg N.
2nd International Conference on Information Technology and Quantitative Management, ITQM 2014
Procedia Computer Science. Vol.31. P.75-84.
2014
Interaction of generation companies in the electricity market of Russia
The paper considers mechanisms for organizing free trade in the electricity market, which are based on submitting bids of energy consumers and producers to the market operator. The research focuses on the models of market operation as a double sided auction where participants have different rights (price takers and active competitors). The authors discuss and compare possible strategies of generator behavior that lead to different equilibrium situations and correspond to Cournot model and the models of supply function equilibrium, and a perfectly competitive equilibrium. The mechanisms are tested on the basis of the Siberian electric power system, Russia. © 2014 Published by Elsevier B.V.

Библиографическая ссылка

Aizenberg N. Interaction of generation companies in the electricity market of Russia // Procedia Computer Science. Vol.31. 2014. P.75-84. DOI: 10.1016/j.procs.2014.05.247
electricity market, liberalization, model of supply function equilibrium, models of imperfect markets, oligopoly, competition, electric industry, electric power systems, international trade, power markets, competitive equilibrium, double sided auctions, g

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Interaction of generation companies in the electricity market of Russia

 
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