Abstract
The paper discusses a game theoretic model for generation capacity investment decisions
in a deregulated electricity market. We use a node-based formulation of a multi-stage
stochastic program. The uncertainty is modeled as stochastic demand function with a random
intercept for different states of the market. We present a practical application of this
S-adapted Cournot equilibrium, were we use data from the German electricity market.
in a deregulated electricity market. We use a node-based formulation of a multi-stage
stochastic program. The uncertainty is modeled as stochastic demand function with a random
intercept for different states of the market. We present a practical application of this
S-adapted Cournot equilibrium, were we use data from the German electricity market.
| Originalsprache | Englisch |
|---|---|
| Publikationsstatus | Veröffentlicht - 1 Sept. 2008 |