A cooperative game theoretic framework is introduced to study the behavior of cooperating and competing electrical energy providers considering price-preference rational consumers. We analyze the interactions of generators in an idealized environment described by a DC load flow model where the...

Optimal power flow (OPF) problems are focussing on the question how a power transmission network can be operated in the most economic way. The general aim in such scenarios is to optimize generator scheduling in order to meet consumption re-quirements, transmission constraints and to minimize...

In this paper we analyze how increasing levels of cooperation in reserve procurement and activation affect the implied economic benefits and the respective network loads assuming various paradigms of coordination. To approach the question we construct a simulation model based on the...

The natural gas supply of the Eastern European countries located between Germany and Russia has always been problematic. A historical reliance on Russia has been eased by increased connectivity to the West. Recent developments may lead to a diversified source but via a single supply route,...

An electrical transmission network consists of producers, consumers and the power lines connecting them. We build an ideal (lossless) DC load flow model as a cooperative game over a graph with the producers and consumers located at the nodes, each described by a maximum supply or desired demand...