A linear function submission-based double auction (LFS-DA) mechanism for a regional electricity network is proposed in this paper. Each agent in the network is equipped with a battery and a generator. Each agent simultaneously becomes a producer and consumer of electricity, i.e., a prosumer, and trades electricity in the regional market at a variable price. In the LFS-DA, each agent uses linear...

In recent years, electricity markets throughout the world have undergone massive changes due to deregulations. Extreme price volatility has forced producers and wholesale consumers to hedge not only against volume risk but also against price movements. Consequently, statistical modeling and estimation of electricity prices are an important issue for the risk management of electricity markets. W...

The household energy consumption has been a hot field in the study of recent years. With increase residents’ income level and pushing urbanization, there is complex nonlinear relationship between price consumption. purpose this paper to investigate scenario effect per capita regional differences urbanization development on electricity sales urban To direction, based characteristics economic Chi...

Electricity demand varies daily, weekly, and seasonally. The cost and price of electricity to meet the peak demands can be an order of magnitude greater or more than the cost and price of electricity at times of minimum demand. Nuclear systems are capital intensive, with low operating costs relative to those for most other methods used to produce electricity; thus, nuclear energy is most compet...

Recent changes in the German energy policy initiated a deregulation process from a monopolistic to a competitive market, fundamentally changing the market structure, transaction relationships and trading processes. While the mutual exchange of electric energy has been a business activity between vertically integrated utilities for a long time, wholesale electricity trading in an open market onl...

Recent changes in the German energy policy initiated a deregulation process from a monopolistic to a competitive market, fundamentally changing the market structure, transaction relationships and trading processes. While the mutual exchange of electric energy has been a business activity between vertically integrated utilities for a long time, wholesale electricity trading in an open market onl...

This paper presents a local electricity trading market that allows users to trade excess electricity among themselves in a decentralised and privacy-preserving manner. Users who have more electricity generated by their renewable energy sources than they need for themselves, can sell this electricity to other users using a bidding mechanism based on secure multiparty computations. Based on the b...

  This paper aimed at estimation of the per capita consumption of electricity in residential sector based on economic indicators in Iran. The Genetic Algorithm Electricity Demand Model (GAEDM) was developed based on the past data using the genetic algorithm approach (GAA). The economic indicators used during the model development include: gross domestic product (GDP) in terms of per capita and ...