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Bidding of price taker power generators in the deregulated Turkish power market
(Pergamon-Elsevier Science Ltd, 2013)
In deregulated power markets power firms bid into the day-ahead power market either with buy offers or sell offers. The auction mechanism and competition determine the equilibrium price and quantity for each hour. If the ...
The operational economics of compressed air energy storage systems under uncertainty
(Pergamon-Elsevier Science Ltd, 2013)
A Compressed Air Energy Storage System is a means of storing energy which can then be used when the demand for energy increases. In this system air is compressed in a cavern when power prices are low and this air is used ...