?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.relation=http%3A%2F%2Fmiis.maths.ox.ac.uk%2Fmiis%2F588%2F&rft.title=Strategic+bidding+in+a+primary+reserve+auction&rft.creator=Palvolgyi%2C+D&rft.creator=Csapo%2C+G&rft.creator=Wortel%2C+M&rft.subject=Discrete&rft.subject=Energy+and+utilities&rft.description=Electricity+grids+are+subject+to+a+constant+change+of+demand.+If+a+power+line+is+overloaded%2C+the+demand+is+rerouted+to+another+line%2C+which+is+then+also+likely+to+overload+due+to+the+sudden+spike+in+voltage.+Due+to+this+cascading+effect+a+grid-wide+blackout+is+not+at+all+improbable%3B+one+occurred+in+Italy+in+2003.+The+costs+of+such+a+blackout+are+immense+in+today%E2%80%99s+modern+society.+Transport+and+telecommunication+systems+have+such+a+high+power+demand+that+a+backup+power+generator+system+would+come+at+a+very+high+cost.+To+solve+this%2C+Germany+requires+the+electricity+grid+operators+to+have+Primary+Reserve+Capacity+on+standby...&rft.date=2011&rft.type=Study+Group+Report&rft.type=NonPeerReviewed&rft.format=application%2Fpdf&rft.language=en&rft.identifier=http%3A%2F%2Fmiis.maths.ox.ac.uk%2Fmiis%2F588%2F1%2FAmst113.pdf&rft.identifier=++Palvolgyi%2C+D+and+Csapo%2C+G+and+Wortel%2C+M++(2011)+Strategic+bidding+in+a+primary+reserve+auction.++%5BStudy+Group+Report%5D+++++