We consider an electricity generator making offers of energy into an electricity pool market over a horizon of several trading periods (typically a single trading day). The generator runs a set of generating units with given start-up costs, shut-down costs and operating ranges. At the start of each trading period the generator must submit to the pool system operator a new supply curve defining ...

This paper presents a review of the achievements of the optimal power dynamic dispatch problem since its inception to the present. There exist two formulations for this problem in the literature. The first formulation is the optimal control dynamic dispatch (OCDD), where the power system generation has been modelled as a control system and optimization is done in the optimal control setting wit...

In this paper, we analyze the ability of different auction structures to induce the efficient dispatch in a one-shot framework where generators know their own and competitors’ costs with certainty. In particular, we are interested in identifying which, if any, rules in an auction structure yield only the efficient dispatch in equilibrium. We find that a critical component to a successful auctio...

For mobile agents to be effective in practice, they have to be securely and efficiently deployed. In this paper, we propose and discuss several route structures and methods for mobile agents that are dispatched in parallel. These schemes can protect the route information against malicious hosts and facilitate the dispatching of a large number of agents in parallel efficiently. Under noncollusio...

This paper quantifies the degree of market power in the German wholesale electricity market. A fundamental model is used to derive competitive marginal cost estimators which are compared with observed electricity prices. Marginal costs are calculated focusing on market fundamentals such as plant capacities, fuel prices, and load structures. In addition, international power exchange and dynamic ...

The case expressions of Scheme can and should be implemented efficiently. A three-level dispatch performs well, even when dispatching on symbols, and scales to large case expressions.

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Through a case study of locating shared stockpiles at the United Nations Water Sanitation and Health (WASH) cluster, we contribute to literature by characterizing the real overriding complexities that impact location of shared humanitarian stockpiles. We find that unique complexities related to 1) demand patterns/projections, 2) charter and commercial transport rate structures and uncertainties...

In order to quantitatively and systematically explain the accident occur process and assess the risk for the complex system, this paper proposes a new accident-causing analysis model, i.e. perturbation-safety region (P-SR) model. In this model, the safety region definition is introduced for the quantitative description of the system safe status; also the change process of the system risk is ana...