relation: http://miis.maths.ox.ac.uk/miis/588/
title: Strategic bidding in a primary reserve auction
creator: Palvolgyi, D
creator: Csapo, G
creator: Wortel, M
subject: Discrete
subject: Energy and utilities
description: Electricity grids are subject to a constant change of demand. If a power line is overloaded, the demand is rerouted to another line, 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; one occurred in Italy in 2003. The costs of such a blackout are immense in today’s 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, Germany requires the electricity grid operators to have Primary Reserve Capacity on standby...
date: 2011
type: Study Group Report
type: NonPeerReviewed
format: application/pdf
language: en
identifier: http://miis.maths.ox.ac.uk/miis/588/1/Amst113.pdf
identifier:   Palvolgyi, D and Csapo, G and Wortel, M  (2011) Strategic bidding in a primary reserve auction.  [Study Group Report]