Optimal Equilibrium Selection of Price-maker Agents in Performance-based Regulation Market

This paper analyzes the oligopolistic equilibria of multiple price-maker agents in performance-based regulation (PBR) markets. In these markets, there are price-maker agents representing some frequency regulation (FR) providers and a number of independent price-taker FR providers. A model of equilib...

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Bibliographic Details
Main Authors: Mohammad Rayati, Aras Sheikhi, Ali Mohammad Ranjbar, Wei Sun
Format: Article
Language:English
Published: IEEE 2022-01-01
Series:Journal of Modern Power Systems and Clean Energy
Subjects:
Online Access:https://ieeexplore.ieee.org/document/9265431/