› › Essays On Market Mechanism And Market Participants Bidding Behaviors In Electricity Market






Competitive Electricity Markets

Author : Fereidoon Sioshansi

Publisher : Elsevier

Page : 625 pages

File Size : 22,65 MB

Release : 2011-10-10

Category : Technology & Engineering

ISBN : 0080557716

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Book Description

After 2 decades, policymakers and regulators agree that electricity market reform, liberalization and privatization remains partly art. Moreover, the international experience suggests that in nearly all cases, initial market reform leads to unintended consequences or introduces new risks, which must be addressed in subsequent “reform of the reforms. Competitive Electricity Markets describes the evolution of the market reform process including a number of challenging issues such as infrastructure investment, resource adequacy, capacity and demand participation, market power, distributed generation, renewable energy and global climate change. Sequel to Electricity Market Reform: An International Perspective in the same series published in 2006 Contributions from renowned scholars and practitioners on significant electricity market design and implementation issues Covers timely topics on the evolution of electricity market liberalization worldwide



Engineering Interrelated Electricity Markets

Author : Anke Weidlich

Publisher : Springer Science & Business Media

Page : 181 pages

File Size : 22,71 MB

Release : 2008-10-08

Category : Technology & Engineering

ISBN : 3790820687

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Book Description

Due to the characteristics of electricity, power markets rank among the most complex markets operated at present. The requirements of an environmentally sustainable, economically efficient, and secure energy supply have resulted in the emergence of several interrelated markets that have to be carefully engineered in order to ensure efficient market outcomes. This book presents an agent-based simulation model that facilitates electricity market research. Simulation outcomes from this model are validated against price data from German power markets. The results significantly contribute to existing research in agent-based simulation and electricity market modeling, and provide insights into the impact of the market structure and market design on electricity prices. The book addresses researchers, lecturers and students who are interested in applying agent-based simulation to power markets. It provides a thorough discussion of the methodology and helpful details for model implementation.









The Meaning of the Market Process

Author : Israel M Kirzner

Publisher : Routledge

Page : 254 pages

File Size : 46,33 MB

Release : 2002-09-11

Category : Business & Economics

ISBN : 1134915500

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Book Description

Israel Kirzner is the foremost proponent of the modern Austrian theory of the market process. This book offers substantive insights in support of this theory and a new historical interpretation of how the ideas of modern Austrians emerged.



Markets and Democracy

Author : Samuel Bowles

Publisher : Cambridge University Press

Page : 372 pages

File Size : 46,43 MB

Release : 1993-07-22

Category : Business & Economics

ISBN : 9780521432238

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Book Description

This book asks whether a modern, efficient economy can be rendered democratically accountable, and, if so, what strategic changes might be required to regulate the market- based interaction of economic agents. The contributors bring contemporary microeconomic theory to bear in an attempt to find a progressive replacement to traditional state socialism. Various approaches to the study of economic interaction are considered in an attempt to understand the relationship between power and efficiency in market economies.