• DocumentCode
    3036348
  • Title

    Discrete Time Cournot Model for Electricity Market Simulation

  • Author

    Estrada-Cruz, O. ; Gutierrez-Alcaraz, G. ; Tovar-Hernandez, J.H.

  • Author_Institution
    Inst. Tecnol. de Morelia, Morelia
  • fYear
    2008
  • fDate
    Sept. 30 2008-Oct. 3 2008
  • Firstpage
    229
  • Lastpage
    234
  • Abstract
    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 companiespsila dynamic decisions and their impacts on wholesale electricity markets. Network losses are also included.
  • Keywords
    discrete time systems; linear systems; oligopoly; power markets; discrete time Cournot model; discrete-time linear system; electricity market analysis; electricity market simulation; oligopolistic static equilibrium models; Automotive engineering; Consumer electronics; Cost function; Electricity supply industry; Linear systems; Output feedback; Power generation; Production; Robots; Vehicle dynamics; Cournot Model; Electricity Market;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Electronics, Robotics and Automotive Mechanics Conference, 2008. CERMA '08
  • Conference_Location
    Morelos
  • Print_ISBN
    978-0-7695-3320-9
  • Type

    conf

  • DOI
    10.1109/CERMA.2008.27
  • Filename
    4641076
    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=49&DC=3036348