An MPEC reformulation of an EPEC model for electricity markets

DOI10.1016/j.orl.2015.03.001zbMath1408.91164OpenAlexW1969327558MaRDI QIDQ1785356

Gui-Hua Lin, Lei Guo, Dao-Li Zhu, Da-Li Zhang

Publication date: 28 September 2018

Published in: Operations Research Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.orl.2015.03.001

zbMATH Keywords

electricity marketEPECMPECnormalized Nash stationarity

Mathematics Subject Classification ID

Complementarity and equilibrium problems and variational inequalities (finite dimensions) (aspects of mathematical programming) (90C33) Economic models of real-world systems (e.g., electricity markets, etc.) (91B74)

Related Items (6)

Feasibility problems with complementarity constraints ⋮ Un algoritmo Newton inexacto para complementariedad horizontal ⋮ Solving normalized stationary points of a class of equilibrium problem with equilibrium constraints ⋮ Convergence Properties of a Second Order Augmented Lagrangian Method for Mathematical Programs with Complementarity Constraints ⋮ On linear problems with complementarity constraints ⋮ A tractable multi-leader multi-follower peak-load-pricing model with strategic interaction

Cites Work

• A shared-constraint approach to multi-leader multi-follower games
• Two-settlement electricity markets with price caps and Cournot generation firms
• On \(M\)-stationary points for a stochastic equilibrium problem under equilibrium constraints in electricity spot market modeling.
• On the quadratic convergence of the Levenberg-Marquardt method without nonsingularity assumption
• A two stage stochastic equilibrium model for electricity markets with two way contracts
• Stochastic Nash equilibrium problems: sample average approximation and applications
• Addressing supply-side risk in uncertain power markets: stochastic Nash models, scalable algorithms and error analysis
• Solving multi-leader–common-follower games
• Using EPECs to Model Bilevel Games in Restructured Electricity Markets with Locational Prices
• Modeling and Computing Two-Settlement Oligopolistic Equilibrium in a Congested Electricity Network
• A Comparison of Electricity Market Designs in Networks
• Existence and Uniqueness of Equilibrium Points for Concave N-Person Games

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