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Auctions in the Electricity Market: Bidding when Production Capacity Is Constrained

Stefan Schöne, “Auctions in the Electricity Market: Bidding when Production Capacity Is Constrained” Springer| 2009-01-01 | ISBN: 3540853642 | 218 pages | PDF | 5,85 MB Electricity is an essential commodity traded at power exchanges. Its price is very volatile within a day and over the year. This raises questions about the efficiency of the [...]

Tags: Auction Model, Auction Type, Bidding Strategies, Chinese Auctions, Commodity, Cost Efficiency, Electricity Market, Electricity Production, English Auctions, Manipulations, Numerical Results, Positive Correlation, Power Exchanges, Power Plants, Price Auction, Probability Density Function, Producers, Profits, Springer, Uniform Price