4.5 Article

A variational problem in electricity markets

Journal

NONLINEAR ANALYSIS-REAL WORLD APPLICATIONS
Volume 11, Issue 3, Pages 2044-2055

Publisher

PERGAMON-ELSEVIER SCIENCE LTD
DOI: 10.1016/j.nonrwa.2009.05.007

Keywords

Electricity market; Variational problems; Optimization

Funding

  1. MCyT (Spain) [MTM2007-62945]
  2. Junta de Comunidades de Castilla - La Mancha [PCI08-0084-0424]

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We study the problem of determining the optimal policy for a generator offering power into a wholesale electricity market. The analysis allows us to consider the problem under a variational perspective, and to obtain some results for a description of optimal solutions. (C) 2009 Elsevier Ltd. All rights reserved.

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