A Hyperbolic Bid Stack Approach to Electricity Price Modelling

Modelling the energy price in the Australian National Electricity Market (NEM) requires features that are not well reflected in existing models. We present a semi-structural, multi-regional model wherein bidding is not required to be cost-based, renewable fuels and storage technology are structurall...

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Bibliographic Details
Main Authors: Krisztina Katona, Christina Sklibosios Nikitopoulos, Erik Schlögl
Format: Article
Language:English
Published: MDPI AG 2023-08-01
Series:Risks
Subjects:
Online Access:https://www.mdpi.com/2227-9091/11/8/147