Auctions in the Electricity Market

Released on by Stefan Schöne
preview-18

  • Auctions in the Electricity Market Book Detail

  • Author : Stefan Schöne
  • Release Date : 2009-01-06
  • Publisher : Springer Science & Business Media
  • Genre : Business & Economics
  • Pages : 230
  • ISBN 13 : 3540853650
  • File Size : 81,81 MB
DOWNLOAD BOOK

Auctions in the Electricity Market by Stefan Schöne PDF Summary

Book Description: Electricity is an essential commodity traded at power exchanges. Its price is very volatile within a day and over the year. This raises questions about the efficiency of the trading rules. The author develops a non-cooperative auction model analyzing the bidding behavior of producers at power exchanges. Producers are limited by the production capacity of their power plants. Production costs are affiliated. This allows for independence or positive correlation. The author analyzes and compares a uniform-price, a discriminatory, and a generalized second-price auction. Optimal bids, cost efficiency, profits, and consumer prices are examined. A simple probability density function of affiliated production costs is given and used for examples. Numerical results are presented. The results of the analysis can help improving the bidding strategies of producers, selecting the best auction type at power exchanges or detecting price manipulations.

Disclaimer: www.yourbookbest.com does not own Auctions in the Electricity Market books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Auctions in the Electricity Market

Auctions in the Electricity Market

File Size : 24,24 MB
Total View : 1464 Views
DOWNLOAD

Electricity is an essential commodity traded at power exchanges. Its price is very volatile within a day and over the year. This raises questions about the effi

Doctors Without Borders

Doctors Without Borders

File Size : 22,22 MB
Total View : 1927 Views
DOWNLOAD

An intimate portrait of the renowned international humanitarian organization. Winner of the PROSE Award for Excellence, Sociology and Social Work of the Associa

Promoting Teamwork in Healthcare

Promoting Teamwork in Healthcare

File Size : 26,26 MB
Total View : 8499 Views
DOWNLOAD

Providing healthcare is a team endeavor. Teams play an important role along the full chain of patient care, ranging from ad-hoc emergency and anesthesia teams d

A Poet's Reich

A Poet's Reich

File Size : 6,6 MB
Total View : 9475 Views
DOWNLOAD

A re-examination of the George Circle in the cultural and political contexts of Wilhelmine, Weimar, and Nazi Germany. Stefan George (1868-1933) was one of the m