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Electricity market clearing with improved scheduling of stochastic production

โœ Scribed by Morales, Juan M.; Zugno, Marco; Pineda, Salvador; Pinson, Pierre


Book ID
121723907
Publisher
Elsevier Science
Year
2014
Tongue
English
Weight
506 KB
Volume
235
Category
Article
ISSN
0377-2217

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Electricity market designs that decentralize decision making for participants can lead to inefficiencies in the presence of nonconvexity or missing markets. This has been shown in the case of unit-commitment problems that can make a decentralized market equilibrium less efficient than a centrally pl