In this paper capacity withholding in an oligopolistic electricity market that all Generation Companies (GenCos) bid in a Cournot model is analyzed and the capacity withheld index, the capacity distortion index and the price distortion index are obtained and formulated. Then a new index, Distortion-Withheld Index (DWI), is proposed in order to measure the potential ability of market for capacit...

The concept of root contact hypothesizes that the absorbing roots grown in sandy soil are only partially effective in water uptake. Co-ordination of water supply and demand in the plant requires that the capacity for water uptake from the soil should correspond to an operational rate of water loss from the leaves. To examine how the plant hydraulic system responds to variations in soil texture ...

This study focuses on one of the most effective type of capacity markets named Capacity Subscription (CS) market which is predicted to be widely used in the upcoming smart grids. Despite variant researches done about the mechanism and structure of capacity markets, their performances have been rarely tested in the presence of network constraints. Considering this deficiency, we tried to propose...

We study a loss system to forecast the demand for capacity based on the forecast demand for service and a specified service level. A little-used property of the Erlang loss formula allows the linear transformation of demand for service into demand for capacity. Next, given the forecast demand for capacity, we approximate a long run optimal capacity expansion policy by optimizing over successive...

AbstractIn practice, a supplier with limited capacity often puts on allocation, i.e., rationing through quantity competition of retailers rather than pricing mechanism. Capacity allocation is common occurrence in industries which expansion costly and time consuming price given exogenously (e.g., steel paper). A can use his prior beliefs own the retailers’ needs to construct mechanism for among ...