Electrogravitics Systems Volume 1
£11.99
Dynamic Noncooperative Game Models for Deregulated Electricity Markets
Sale price
£73.49
Regular price
£97.99
Skip to product information
Dynamic Noncooperative Game Models for Deregulated Electricity Markets
Sale price
£73.49
Regular price
£97.99
Out of stock
The deregulated electricity markets are expected to be perfectly competitive, yet they remain oligopolistic in which the market participants are able to exercise market power to "game" the markets. Game theory, by its nature, is considered as the appropriate framework to study the interactive behaviours of decision makers with conflict of interest. Substantial research has been devoted to study gaming behaviour in the deregulated electricity market using game theory. However, most of the modelling of the markets is static and this type of model leads to non-optimal results for long-term strategic planning due to the inherent dynamic nature of the market. This book formulates and describes the gaming behaviour in the deregulated electricity market from a dynamic point of view, considering long-term interests in a changing environment. It starts with a review of the current situation of deregulation and a brief review of near-term energy issues. The book includes the latest results on bidding dynamic strategies for such markets.
- ISBN-13
- 9781607410782
- Publisher
- Nova Science Publishers Inc
- Publication date
- 1 September 2009
- Format
- Hardback
- Pages
- 105
- Dimensions
- 180 x 260 mm
- Illustrations
- b/w illus
- Language
- English
More in Energy technology
Blockchain in the Energy Sector: An Advancing Technology to Tackle Global Climate Change?
£13.50
High-Current Anode Phenomena in Vacuum Arcs
£32.99
Reducing Cost of Energy in the Offshore Wind Energy Sector
£18.75
Power System Economics
£30.00
Watts in the Desert
£16.50