Download Citation on ResearchGate | Counterspeculation, Auctions, and Competitive Sealed Tenders | It is important to realize, however, that. By William Vickrey; COUNTERSPECULATION, AUCTIONS, AND COMPETITIVE SEALED TENDERS. William Vickrey, “Counterspeculation, Auctions, And Competitive Sealed Tenders,” Journal of Finance, American Finance Association, vol. 16(1), pages.

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More about this item Statistics Access and download statistics. It also allows you to accept potential citations to this countrrspeculation that we are uncertain about. We have no references for this item. In this paper, a local smart market based on a multi-agent system is presented to provide for the quantitative evidence of the beneficial impact of flexibility enabled by demand flexibility and energy storage in limiting market power by distributed generation DG units.


Counterspeculation, Auctions, And Competitive Sealed Tenders

The Impact of Energy Storage on Micro-grid: Quantitative analysis is proposed by a bi-level optimization model of the micro-grid setting, accounting for the operational constraints of energy storage. However, impacts of energy storage on micro-grid has not been explored yet.

RePEc uses bibliographic data saled by the respective publishers. More about this item Statistics Access and download statistics Corrections All material on this site has been provided by the respective publishers and authors. It is difficult to balance the power between demand and generation in electrical networks with the rise of distributed energy resources DERsespecially for the uncertainty of renewable generation.

Help us Corrections Found an error or omission? This bi-level problem is solved after converting it into a Mathematical Program with Equilibrium Constraints MPEC and linearizing the latter through suitable techniques. Smart grid concepts have been developed to solve this problem. As the access to this document is restricted, you may want to search for a different version of it.



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Download full text from publisher File URL: A set of distributed generation, demand flexibility and energy storage devices are locally managed to minimize the local total generation cost.

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