An equilibrium model for electricity auctions

Juri Hinz

Applicationes Mathematicae (2003)

  • Volume: 30, Issue: 2, page 243-249
  • ISSN: 1233-7234

Abstract

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This work discusses the process of price formation for electrical energy within an auction-like trading environment. Calculating optimal bid strategies of power producers by equilibrium arguments, we obtain the corresponding electricity price and estimate its tail behavior.

How to cite

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Juri Hinz. "An equilibrium model for electricity auctions." Applicationes Mathematicae 30.2 (2003): 243-249. <http://eudml.org/doc/279047>.

@article{JuriHinz2003,
abstract = {This work discusses the process of price formation for electrical energy within an auction-like trading environment. Calculating optimal bid strategies of power producers by equilibrium arguments, we obtain the corresponding electricity price and estimate its tail behavior.},
author = {Juri Hinz},
journal = {Applicationes Mathematicae},
keywords = {electricity risk; auction; equilibrium model},
language = {eng},
number = {2},
pages = {243-249},
title = {An equilibrium model for electricity auctions},
url = {http://eudml.org/doc/279047},
volume = {30},
year = {2003},
}

TY - JOUR
AU - Juri Hinz
TI - An equilibrium model for electricity auctions
JO - Applicationes Mathematicae
PY - 2003
VL - 30
IS - 2
SP - 243
EP - 249
AB - This work discusses the process of price formation for electrical energy within an auction-like trading environment. Calculating optimal bid strategies of power producers by equilibrium arguments, we obtain the corresponding electricity price and estimate its tail behavior.
LA - eng
KW - electricity risk; auction; equilibrium model
UR - http://eudml.org/doc/279047
ER -

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