Title :
Complexity in energy networks under uncertainty
Author_Institution :
Graduate Sch. of Bus., Chicago Univ., IL
Abstract :
This paper considers the effect of complex interactions in energy networks. In particular, we consider a system in which agents bid price and quantity to supply the market. We characterize the overall equilibrium problem, show that it may yield multiple equilibria, and describe extensions to more complex situations
Keywords :
power markets; pricing; agents bid price; energy networks complexity; equilibrium problem; multiple equilibria; Cost function; Dispatching; Intelligent networks; Nash equilibrium; Network topology; Optimization methods; Random variables; Uncertainty;
Conference_Titel :
Power Engineering Society General Meeting, 2006. IEEE
Conference_Location :
Montreal, Que.
Print_ISBN :
1-4244-0493-2
DOI :
10.1109/PES.2006.1709360
