| Presentation | 2014-10-16 The relation between equilibrium prices and socially optimal trades in electricity markets Ryo HASE, Norihiko SHINOMIYA, |
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| Abstract(in Japanese) | (See Japanese page) |
| Abstract(in English) | This paper presents a method to discover socially optimal trades in deregulated electricity markets consisting of four types of participants: independent power producers, retailers, public utilities, and consumers. To consider the market as a simple model, our market model is represented by a tripartite graph composed of sellers, buyers, and buyers. In the electricity market, each seller has different supply capacity, and each buyer has different demand. Our method satisfies these constraints and finds socially optimal trades in the market model by utilizing network flows. Simulation results show the socially optimal trades in the deregulated electricity market model. |
| Keyword(in Japanese) | (See Japanese page) |
| Keyword(in English) | Deregulated electricity markets / Graph theory / Subgame perfect Nash equilibrium / Social welfare |
| Paper # | CAS2014-53,NLP2014-47 |
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| Conference Information | |
| Committee | CAS |
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| Conference Date | 2014/10/9(1days) |
| Place (in Japanese) | (See Japanese page) |
| Place (in English) | |
| Topics (in Japanese) | (See Japanese page) |
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| Paper Information | |
| Registration To | Circuits and Systems (CAS) |
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| Language | ENG |
| Title (in Japanese) | (See Japanese page) |
| Sub Title (in Japanese) | (See Japanese page) |
| Title (in English) | The relation between equilibrium prices and socially optimal trades in electricity markets |
| Sub Title (in English) | |
| Keyword(1) | Deregulated electricity markets |
| Keyword(2) | Graph theory |
| Keyword(3) | Subgame perfect Nash equilibrium |
| Keyword(4) | Social welfare |
| 1st Author's Name | Ryo HASE |
| 1st Author's Affiliation | Graduate School of Engineering, Soka University() |
| 2nd Author's Name | Norihiko SHINOMIYA |
| 2nd Author's Affiliation | Graduate School of Engineering, Soka University |
| Date | 2014-10-16 |
| Paper # | CAS2014-53,NLP2014-47 |
| Volume (vol) | vol.114 |
| Number (no) | 249 |
| Page | pp.pp.- |
| #Pages | 4 |
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