Electricity day-ahead markets: computation of Nash equilibria

DOI10.3934/JIMO.2015.11.985MaRDI QIDQ2514701zbMATH OpenOpenAlexFDO

Authors Margarida Carvalho, João Pedro Pedroso, João Saraiva

Publication date 3 February 2015

Published in Journal of Industrial and Management Optimization (Search for Journal in Brave)

Full work available at URL https://doi.org/10.3934/jimo.2015.11.985

zbMATH Keywords

combinatorial optimizationelectricity marketNash equilibriaauctions/biddingrelaxation algorithmadjustment process

Mathematics Subject Classification ID

Combinatorial optimization (90C27) Applications of game theory (91A80) Auctions, bargaining, bidding and selling, and other market models (91B26) Economic models of real-world systems (e.g., electricity markets, etc.) (91B74)

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Cites work

• A particle swarm pattern search method for bound constrained global optimization
• Generalized Nash equilibrium problems
• Mathematical programming and electricity markets. (With comments and rejoinder)

Cited in

(9)

• A real-time pricing scheme considering load uncertainty and price competition in smart grid market
• The hybrid proximal decomposition method applied to the computation of a Nash equilibrium for hydrothermal electricity markets
• Electricity market equilibrium under information asymmetry
• scientific article; zbMATH DE number 5284412 (Why is no real title available?)
• Extensions for Benders cuts and new valid inequalities for solving the European day-ahead electricity market clearing problem efficiently
• Particle swarm optimization for computing Nash and Stackelberg equilibria in energy markets
• scientific article; zbMATH DE number 2100925 (Why is no real title available?)
• Peer-to-peer electricity market analysis: from variational to generalized Nash equilibrium
• Revisiting minimum profit conditions in uniform price day-ahead electricity auctions

Describes a project that uses

Uses Software

• NIRA-3
• PSwarm

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