On the stability of wholesale electricity markets under real-time pricing

The paper proposes a mathematical model for the dynamic evolution of supply, demand, and clearing prices under a class of real-time pricing mechanisms characterized by passing on the real-time wholesale prices to the end consumers. The effects that such mechanisms could pose on the stability and eff...

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Bibliographic Details
Main Authors: Roozbehani, Mardavij (Contributor), Dahleh, Munther A. (Contributor), Mitter, Sanjoy K. (Contributor)
Other Authors: Massachusetts Institute of Technology. Department of Electrical Engineering and Computer Science (Contributor), Massachusetts Institute of Technology. Laboratory for Information and Decision Systems (Contributor)
Format: Article
Language:English
Published: Institute of Electrical and Electronics Engineers, 2012-07-18T12:37:45Z.
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