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Gaming and price spikes in electric power markets

  • Xi'an Jiaotong University

Research output: Contribution to conferencePaperpeer-review

3 Scopus citations

Abstract

Gaming and price spikes in electric power markets are discussed. The simplified bidding analysis and suppliers bidding strategies are presented. Multiple Nash equilibrium may exist in the bidding problem for electric power markets. The high payoff solution is obtained by withholding capacity.

Original languageEnglish
Pages258-261
Number of pages4
StatePublished - 2001
Event22nd IEEE Power Engineering Society. International Conference on Power Industry Computer applications - Sydney, NSW, Australia
Duration: 20 May 200124 May 2001

Conference

Conference22nd IEEE Power Engineering Society. International Conference on Power Industry Computer applications
Country/TerritoryAustralia
CitySydney, NSW
Period20/05/0124/05/01

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