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- W2329857547 abstract "Abstract:New cap-and-trade (CT) programs (e.g., Regional Greenhouse Gas Initiative) to mitigate climate change have created the need for decision support in investment, bidding, and oversight in electricity markets. This need is critical for practicing engineering managers in restructured electricity markets operating under market-based competition. In this research we develop a bi-level game-theoretic model to obtain optimal bidding strategies for power generating companies in restructured markets under a CT program. We demonstrate the applicability of our model on data from Northern Illinois electricity market and discuss managerial implications. Detailed sensitivity analyses show how CT programs can impact electricity and allowance prices." @default.
- W2329857547 created "2016-06-24" @default.
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- W2329857547 date "2013-09-01" @default.
- W2329857547 modified "2023-09-26" @default.
- W2329857547 title "An Application of Analytics in Green Electricity Markets With Cap-and-Trade Programs" @default.
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- W2329857547 doi "https://doi.org/10.1080/10429247.2013.11431984" @default.
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