Matches in SemOpenAlex for { <https://semopenalex.org/work/W1840341485> ?p ?o ?g. }
Showing items 1 to 98 of
98
with 100 items per page.
- W1840341485 endingPage "2223" @default.
- W1840341485 startingPage "2215" @default.
- W1840341485 abstract "High price volatility and excessive price reduction are introduced as two emerging problems in wind dominant electricity markets. In this study, an agent-based simulation methodology is employed to investigate the impact of two pricing mechanisms, uniform and pay-as-bid, on the mentioned problems. According to the proposed agent-based approach, electricity market agents (here generation units) learn from their previous bidding experience to obtain maximum financial. A comparative study is then conducted to investigate the impact of mentioned pricing schemes on price volatility and average price level. It is shown that these two pricing mechanisms cause different bidding behaviours for the generation units. This study suggests that this change in market agent behaviour, modifies the overall price volatility and system average price. The results indicate that a pay-as-bid pricing mechanism can alleviate policy maker's concerns regarding mentioned emerging problems in power systems with extremely high percentage of wind power penetration. It is also shown that market efficiency is lower under pay-as-bid scheme. The validity of the proposed methodology is investigated using IEEE 24-bus test system with 33 generation units." @default.
- W1840341485 created "2016-06-24" @default.
- W1840341485 creator A5000803774 @default.
- W1840341485 creator A5084228093 @default.
- W1840341485 creator A5087631945 @default.
- W1840341485 date "2015-11-01" @default.
- W1840341485 modified "2023-09-26" @default.
- W1840341485 title "Comparative study between two market clearing schemes in wind dominant electricity markets" @default.
- W1840341485 cites W1600763973 @default.
- W1840341485 cites W1982556324 @default.
- W1840341485 cites W2011278703 @default.
- W1840341485 cites W2013861800 @default.
- W1840341485 cites W2056636551 @default.
- W1840341485 cites W2065686820 @default.
- W1840341485 cites W2095814382 @default.
- W1840341485 cites W2099012137 @default.
- W1840341485 cites W2103179668 @default.
- W1840341485 cites W2106424475 @default.
- W1840341485 cites W2109107914 @default.
- W1840341485 cites W2119028411 @default.
- W1840341485 cites W2146083526 @default.
- W1840341485 cites W2155706640 @default.
- W1840341485 cites W2169016885 @default.
- W1840341485 cites W4231850279 @default.
- W1840341485 cites W4367436157 @default.
- W1840341485 doi "https://doi.org/10.1049/iet-gtd.2014.1077" @default.
- W1840341485 hasPublicationYear "2015" @default.
- W1840341485 type Work @default.
- W1840341485 sameAs 1840341485 @default.
- W1840341485 citedByCount "5" @default.
- W1840341485 countsByYear W18403414852018 @default.
- W1840341485 countsByYear W18403414852019 @default.
- W1840341485 countsByYear W18403414852022 @default.
- W1840341485 countsByYear W18403414852023 @default.
- W1840341485 crossrefType "journal-article" @default.
- W1840341485 hasAuthorship W1840341485A5000803774 @default.
- W1840341485 hasAuthorship W1840341485A5084228093 @default.
- W1840341485 hasAuthorship W1840341485A5087631945 @default.
- W1840341485 hasConcept C10138342 @default.
- W1840341485 hasConcept C119599485 @default.
- W1840341485 hasConcept C121332964 @default.
- W1840341485 hasConcept C127413603 @default.
- W1840341485 hasConcept C134697681 @default.
- W1840341485 hasConcept C144133560 @default.
- W1840341485 hasConcept C146733006 @default.
- W1840341485 hasConcept C149782125 @default.
- W1840341485 hasConcept C14981831 @default.
- W1840341485 hasConcept C162324750 @default.
- W1840341485 hasConcept C163258240 @default.
- W1840341485 hasConcept C175444787 @default.
- W1840341485 hasConcept C206658404 @default.
- W1840341485 hasConcept C62520636 @default.
- W1840341485 hasConcept C64112148 @default.
- W1840341485 hasConcept C78600449 @default.
- W1840341485 hasConcept C89227174 @default.
- W1840341485 hasConcept C91602232 @default.
- W1840341485 hasConcept C9233905 @default.
- W1840341485 hasConceptScore W1840341485C10138342 @default.
- W1840341485 hasConceptScore W1840341485C119599485 @default.
- W1840341485 hasConceptScore W1840341485C121332964 @default.
- W1840341485 hasConceptScore W1840341485C127413603 @default.
- W1840341485 hasConceptScore W1840341485C134697681 @default.
- W1840341485 hasConceptScore W1840341485C144133560 @default.
- W1840341485 hasConceptScore W1840341485C146733006 @default.
- W1840341485 hasConceptScore W1840341485C149782125 @default.
- W1840341485 hasConceptScore W1840341485C14981831 @default.
- W1840341485 hasConceptScore W1840341485C162324750 @default.
- W1840341485 hasConceptScore W1840341485C163258240 @default.
- W1840341485 hasConceptScore W1840341485C175444787 @default.
- W1840341485 hasConceptScore W1840341485C206658404 @default.
- W1840341485 hasConceptScore W1840341485C62520636 @default.
- W1840341485 hasConceptScore W1840341485C64112148 @default.
- W1840341485 hasConceptScore W1840341485C78600449 @default.
- W1840341485 hasConceptScore W1840341485C89227174 @default.
- W1840341485 hasConceptScore W1840341485C91602232 @default.
- W1840341485 hasConceptScore W1840341485C9233905 @default.
- W1840341485 hasFunder F4320334770 @default.
- W1840341485 hasIssue "15" @default.
- W1840341485 hasLocation W18403414851 @default.
- W1840341485 hasOpenAccess W1840341485 @default.
- W1840341485 hasPrimaryLocation W18403414851 @default.
- W1840341485 hasRelatedWork W1528469907 @default.
- W1840341485 hasRelatedWork W2028370346 @default.
- W1840341485 hasRelatedWork W2051403532 @default.
- W1840341485 hasRelatedWork W2104686279 @default.
- W1840341485 hasRelatedWork W2113358004 @default.
- W1840341485 hasRelatedWork W2375396620 @default.
- W1840341485 hasRelatedWork W2558002628 @default.
- W1840341485 hasRelatedWork W3111498371 @default.
- W1840341485 hasRelatedWork W3121729041 @default.
- W1840341485 hasRelatedWork W4287556116 @default.
- W1840341485 hasVolume "9" @default.
- W1840341485 isParatext "false" @default.
- W1840341485 isRetracted "false" @default.
- W1840341485 magId "1840341485" @default.
- W1840341485 workType "article" @default.