Title :
Symmetry properties of conjectural price responses
Author_Institution :
Pontificia Comillas Univ., Madrid
Abstract :
Conjectural variations and conjectural price responses based models are a popular way of analysing oligopolistic electricity markets. The purpose of this paper is to show certain symmetry properties that conjectural price responses have. These properties are useful in order to devise efficient simulation algorithms able to take into account the agentspsila anticipations of the congestion status of the power grid.
Keywords :
power grids; power markets; power system economics; conjectural price responses; oligopolistic electricity markets; power grid; symmetry properties; Economic forecasting; Electricity supply industry; Power generation; Power generation economics; Power grids; Power system economics; Power system interconnection; Power system simulation; Predictive models; Regulators; Interconnected power systems; Power system economics;
Conference_Titel :
Power and Energy Society General Meeting - Conversion and Delivery of Electrical Energy in the 21st Century, 2008 IEEE
Conference_Location :
Pittsburgh, PA
Print_ISBN :
978-1-4244-1905-0
Electronic_ISBN :
1932-5517
DOI :
10.1109/PES.2008.4596428
