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.


    Access

    Check access

    Check availability in my library

    Order at Subito €


    Export, share and cite



    Title :

    Discrete Time Cournot Model for Electricity Market Simulation




    Publication date :

    2008-09-01


    Size :

    141194 byte




    Type of media :

    Conference paper


    Type of material :

    Electronic Resource


    Language :

    English



    The computation of dynamic cournot-nash traffic network equilibria in discrete time

    Wie, Byung-Wook / Choi, Keechoo | Springer Verlag | 2000


    Port privatization under Cournot vs. Bertrand competition: a third-market approach

    Lee, DongJoon / Lim, Seonyoung / Choi, Kangsik | Taylor & Francis Verlag | 2017




    Research on the electricity market clearing model with CCUS constraints

    Xie, Yuting / Hong, Yuqinq | British Library Conference Proceedings | 2023