We consider an economy in which competitive firms use three technologies for electricity production: pollutive fossils, intermittent renewables whose availability varies continuously over time, and storage. A Pigouvian tax implements the first-best solution. This is also the case for an...

Request side administration is a helpful and vital device in savvy network vitality the executives framework to decrease absolute power request amid pinnacle request periods and henceforth, upgrading lattice supportability and lessening by and large expense. The proposed load planning approach...

Request side administration is a helpful and vital device in savvy network vitality the executives framework to decrease absolute power request amid pinnacle request periods and henceforth, upgrading lattice supportability and lessening by and large expense. The proposed load planning approach...

In Europe, the ongoing renewable expansion and delays in the planned grid extension have intensified the discussion about an adequate electricity market design. Against this background, we jointly apply an agent-based electricity market model and an optimal power flow model to investigate the...