in restructured power systems and in a wholesale power market, a distribution company as a market player intends to maximize its profit by utilizing its options. hence determining an optimal energy acquisition strategy for a distribution company is vital, for attaining to this goal. however an important challenge for determining these strategies is forecasting other competitors and generation c...

this paper represents a complete survey on generation companies’ (gencos’) optimal bidding strategy problem in restructured power markets. in this regard after an introduction to competitive electricity markets, concept of optimal bidding strategy is presented. considering large amount of works accomplished in this area a novel classification is implemented in order to categorize the existing d...

In this argumentative paper, the web-based brainstorm application Mindpool is introduced as a complement to traditional corporate suggestion systems. Though being inspired by, and greatly related to, general electronic brainstorming (EBS) applications, Mindpool differs in several important aspects. By combining features traditionally found in EBS with the benefits of nominal groups Mindpool out...

arbitrage is a known economic term, implying simultaneous transaction on commodities. for instance, a generation company (genco) may involve itself in selling fuel, emission allowance and etc., instead of generating either active or reactive power. moreover, arbitrage between active and reactive powers can, in turn, be considered. in this paper, arbitrage between active and reactive power is c...

In this paper, Nash equilibriums of generation markets are investigated using a game theory application for simplified competitive electricity markets. The characteristic of equilibrium states in N-company spot markets modelled by uniform pricing auctions is analyzed and a new method for obtaining Nash equilibriums of the auctions is proposed. Spot markets are assumed to be operated as uniform ...

As companies outsource more manufacturing and design responsibilities to external vendors and therefore become less vertically integrated, the role of supply chain management becomes increasingly complex. Its role is particularly difficult when product generation follows a serial process flow, with the supply chain function residing at the end and where it inherits poorly defined supplier relat...

With an increasing emphasis on tight glycemic control in diabetes care, innovative devices could play a big role, but diabetes is a deceptively complex market. Innovative companies need to differentiate themselves, yet not venture too far outside existing industry dynamics. As the first real−time continuous glucose monitors come to market, a handful of start−ups hopes to be ready for the second...