IEEE - Institute of Electrical and Electronics Engineers, Inc. - Analysis of competitive electricity markets under a new model of real-time retail pricing

2011 European Energy Market (EEM)

Author(s): Roozbehanit, M. ; Rinehart, M. ; Dahleh, M.A. ; Mitter, S.K. ; Obradovic, D. ; Mangesius, H.
Publisher: IEEE - Institute of Electrical and Electronics Engineers, Inc.
Publication Date: 1 May 2011
Conference Location: Zagreb, Croatia, Croatia
Conference Date: 25 May 2011
Page(s): 250 - 255
ISBN (CD): 978-1-61284-283-7
ISBN (Electronic): 978-1-61284-286-8
ISBN (Paper): 978-1-61284-285-1
ISBN (Online): 978-1-61284-284-4
DOI: 10.1109/EEM.2011.5953018
Regular:

In this paper, we propose a new real-time retail pricing model characterized by ex-post adjustments to exanté price, and investigate the stability and efficiency properties of the resulting closed... View More

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