• DocumentCode
    1714522
  • Title

    SREMS: a short-medium run electricity market simulator based on game theory and incorporating network constraints

  • Author

    Migliavacca, G.

  • Author_Institution
    CESI RICERCA S.p.A., Milan
  • fYear
    2007
  • Firstpage
    813
  • Lastpage
    818
  • Abstract
    This paper outlines the main features of SREMS, a short-medium run electricity market simulator based on game theory. Some original features are: a full description of markets zonal structure and an original unit commitment algorithm trying to reproduce GenCos´ real operative behavior.
  • Keywords
    game theory; power generation dispatch; power generation scheduling; power markets; GenCos; game theory; network constraints; short-medium run electricity market simulator; unit commitment algorithm; zonal structure; Closed-form solution; Constraint optimization; Constraint theory; Cost function; Dispatching; Electricity supply industry; Game theory; Linear approximation; Production; Reservoirs; electricity markets; game theory; medium run simulator; strategic bidding;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Power Tech, 2007 IEEE Lausanne
  • Conference_Location
    Lausanne
  • Print_ISBN
    978-1-4244-2189-3
  • Electronic_ISBN
    978-1-4244-2190-9
  • Type

    conf

  • DOI
    10.1109/PCT.2007.4538420
  • Filename
    4538420