Critical Review of Pricing Schemes in Markets with Non-Convex Costs

DOI10.1287/opre.2015.1451zbMath1336.91045OpenAlexW2263230878WikidataQ105787161 ScholiaQ105787161MaRDI QIDQ2806053

George Liberopoulos, Panagiotis Andrianesis

Publication date: 13 May 2016

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

Full work available at URL: https://semanticscholar.org/paper/211f6330bbd90e717e2ab04434d072ed5d7fc7ff

zbMATH Keywords

energymarketspricingnon-convexities

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Auctions, bargaining, bidding and selling, and other market models (91B26)

Related Items (10)

Generation expansion planning with revenue adequacy constraints ⋮ Exploiting complete linear descriptions for decentralized power market problems with integralities ⋮ Long-run optimal pricing in electricity markets with non-convex costs ⋮ Moving from linear to conic markets for electricity ⋮ Optimal Pricing in Markets with Nonconvex Costs ⋮ Price-region bids in electricity markets ⋮ Alternative models for markets with nonconvexities ⋮ Investment effects of pricing schemes for non-convex markets ⋮ Fast computation of global solutions to the single-period unit commitment problem ⋮ Extensions for Benders cuts and new valid inequalities for solving the European day-ahead electricity market clearing problem efficiently

Cites Work

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• Integer programming duality: Price functions and sensitivity analysis
• Supply Function Equilibria in Oligopoly under Uncertainty
• Quasi-Equilibria in Markets with Non-Convex Preferences
• Optimal Offer Construction in Electricity Markets

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