The purpose of this article is to investigate the impact that the introduction of a carbon price signal will have on wholesale electricity prices, carbon-pass-through rates and retail electricity rates in the states making up the Australian National Electricity Market (NEM). In order to assess this, we employ an agent based model of the NEM called the ANEM model which contains many of the salie...

The COVID-19 pandemic resulted in the establishment of several restrictions Japan that caused an external shock to food supply chain. This study investigates onion price changes resulting from Tokyo wholesale/retail market by using anomaly analysis, asymmetric transmission, and event study. It was found wholesale experienced a significant fall between April 2020 May recovered after state emerge...

Many critical goods and services in modern-day economies are produced and distributed through complex institutional arrangements. Agent-based computational economics (ACE) modeling tools are capable of handling this degree of complexity. In concrete support of this claim, this study presents an ACE test bed designed to permit the exploratory study of restructured U.S. wholesale power markets wi...

This study uses an agent-based test bed (“AMES”) to investigate separation and volatility of locational marginal prices (LMPs) in an ISO-managed restructured wholesale power market operating over an AC transmission grid. Particular attention is focused on the dynamic and cross-sectional response of LMPs to systematic changes in demand-bid price sensitivities and supply-offer price cap levels un...

Based on the cooperation between retailer and third-party network platform, this article used consumer valuation model considering sale price and logistics factors. It calculated the optimal sale price and logistics service level in both traditional channel and internet channel and then get the maximal profit. By discussing the range of wholesale price, it analyzed the respective profits of ret...

Electricity market plays an important role in improving the economics of electrical power system. Transmission network is vital entity in open access deregulated wholesale electricity market. Whenever transmission network congestion occurs in electricity market, it divides the market in different zones and the trading price of electricity will no longer remains the same for the whole system. Bi...