Optimal bidding strategies and modeling of imperfect information among competitive generators.
The emerging electricity market behaves more like an oligopoly than a perfectly competitive market due to special features such as, a limited number of producers, large investment size (barrier to entry), transmission constraints, and transmission losses which discourage purchase from distant suppli...
| Published in: | IEEE Transactions on power systems 16, 1 (2001). |
|---|---|
| Main Author: | |
| Format: | Article |
| Language: | English |
| Subjects: |