Oligopolistic static equilibrium models are widely used in electricity market analysis. However, the repeated bidding process in real-life electricity markets calls for dynamic models. This paper formulates the classical Cournot model in a discrete-time linear system framework that permits close study of generation companies’ dynamic decisions and their impacts on wholesale electricity markets. Network losses are also included.
Discrete Time Cournot Model for Electricity Market Simulation
01.09.2008
141194 byte
Aufsatz (Konferenz)
Elektronische Ressource
Englisch
The computation of dynamic cournot-nash traffic network equilibria in discrete time
Springer Verlag | 2000
|Port privatization under Cournot vs. Bertrand competition: a third-market approach
Taylor & Francis Verlag | 2017
|A Ridepooling Bidding Model Considering Service Quality from the Perspective of Cournot Game Theory
Transportation Research Record | 2023
|A Discrete-Time Stochastic Partial Equilibrium Model of the Spot Freight Market
Online Contents | 2007
|Optimal Charging of EVs in a Real Time Pricing Electricity Market
SAE Technical Papers | 2013
|