Multi-period near-equilibrium in a pool-based electricity market including on/off decisions

DOI10.1007/s11067-005-6209-yzbMath1108.90351OpenAlexW2067366744MaRDI QIDQ812125

Antonio J. Conejo, Steven A. Gabriel, Raquel García-Bertrand

Publication date: 23 January 2006

Published in: Networks and Spatial Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s11067-005-6209-y

zbMATH Keywords

multi-objective optimizationquadratic programmingmarket equilibriumelectricity marketrestructured power system

Mathematics Subject Classification ID

Applications of mathematical programming (90C90) Multi-objective and goal programming (90C29) General equilibrium theory (91B50)

Related Items (8)

Hub location problems with price sensitive demands ⋮ A note on solving discretely-constrained Nash-Cournot games via complementarity ⋮ Solving discretely-constrained Nash-Cournot games with an application to power markets ⋮ Efficiency and stability in electrical power transmission networks: a partition function form approach ⋮ Revisiting minimum profit conditions in uniform price day-ahead electricity auctions ⋮ Bilevel programming for price-based electricity auctions: a revenue-constrained case ⋮ A new pricing scheme for a multi-period pool-based electricity auction ⋮ A large-scale spatial optimization model of the European electricity market

Uses Software

• GAMS

Cites Work

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• On the solution of NP-hard linear complementarity problems
• Efficient market-clearing prices in markets with nonconvexities
• Electricity market near-equilibrium under locational marginal pricing and minimum profit conditions
• Partitioning procedures for solving mixed-variables programming problems
• A decomposition procedure based on approximate Newton directions
• A decomposition methodology applied to the multi-area optimal power flow problem
• Generalized Benders decomposition

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