How Elastic Demand Affects Bidding Strategy in Electricity Market: An Auction Approach

The deepening of electricity reform results in increasingly frequent auctions and the surge of generators, making it difficult to analyze generators’ behaviors. With the difficulties to find analytical market equilibriums, approximate equilibriums were obtained instead in previous studies...

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Bibliographic Details
Main Authors: Debin Fang, Qiyu Ren, Qian Yu
Format: Article
Language:English
Published: MDPI AG 2018-12-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/12/1/9