Generation capacity expansion in liberalized electricity markets: A stochastic MPEC approach

S Wogrin, E Centeno, J Barquín - IEEE Transactions on Power …, 2011 - ieeexplore.ieee.org
This paper proposes a bilevel model to assist a generation company in making its long-term
generation capacity investment decisions considering uncertainty regarding the investments …

Open versus closed loop capacity equilibria in electricity markets under perfect and oligopolistic competition

S Wogrin, BF Hobbs, D Ralph, E Centeno… - Mathematical …, 2013 - Springer
We consider two game-theoretic models of the generation capacity expansion problem in
liberalized electricity markets. The first is an open loop equilibrium model, where generation …

Game-theoretic capacity expansion analysis under carbon emission constraints

A Suski, D Chattopadhyay - IEEE Transactions on Power …, 2023 - ieeexplore.ieee.org
In this paper, we develop a long-term capacity expansion analysis model that considers
strategic bidding behavior by dominant generation companies together with new entry …

Generation capacity expansion analysis: Open loop approximation of closed loop equilibria

S Wogrin, E Centeno, J Barquin - IEEE Transactions on Power …, 2013 - ieeexplore.ieee.org
In this paper we propose a methodology to approximate closed loop capacity equilibria
using only open loop capacity equilibrium models. In the closed loop model, generation …

Evaluation of regulatory impacts on dynamic behavior of investments in electricity markets: a new hybrid DP/GAME framework

T Barforoushi, MP Moghaddam… - … on Power Systems, 2010 - ieeexplore.ieee.org
A new hybrid framework based on game theory and dynamic programming (DP) with
random demands and prices is proposed for studying the impacts of regulatory interventions …

Technology selection and capacity investment under uncertainty

TP Filomena, E Campos-Náñez, MR Duffey - European Journal of …, 2014 - Elsevier
We analyze the problem of technology selection and capacity investment for electricity
generation in a competitive environment under uncertainty. Adopting a Nash-Cournot …

Modeling optimal long-term investment strategies of hybrid wind-thermal companies in restructured power market

MT Askari, MZAA Kadir, M Tahmasebi… - Journal of Modern …, 2019 - ieeexplore.ieee.org
In this paper, a novel framework for the estimation of optimal investment strategies for
combined wind-thermal companies is proposed. The medium-term restructured power …

Long-term market equilibrium in smart grid paradigm with introducing demand response provider in competition

SMM Tafreshi, AS Lahiji - IEEE Transactions on Smart Grid, 2015 - ieeexplore.ieee.org
With introducing demand response provider (DRP) in smart grid paradigm, small consumers
can actively participate in various demand response programs, especially price-based …

Game-theoretic analysis of the Ukraine day-ahead electricity market

A Suski, D Chattopadhyay - 2022 IEEE Power & Energy …, 2022 - ieeexplore.ieee.org
Market power in concentrated wholesale markets like Ukraine can lead to inefficient price
and dispatch outcomes. This paper presents an intertemporal Cournot-Nash game-theoretic …

Strategic investment decisions under the nuclear power debate in Belgium

J de Frutos Cachorro, G Willeghems… - Resource and Energy …, 2019 - Elsevier
In view of the current nuclear power debate in Belgium, we analyze how uncertainty about a
nuclear phase-out, coupled with the implementation of renewable energy subsidies and …