“…In a more general framework, the impact of distributed generation in electricity markets is being investigated: in [8], a day-ahead simulation of the step-down transform power flow linking the interconnected power system with a distribution network highly penetrated by dispersed generation is presented; an optimised design of a micro-grid in a distribution system under an hybrid electricity market model is examined in [9] and the results compared with results of a pool electricity market. In [10], a model of the bidding behaviour of a producer is simulated in the framework of competitive electricity markets.…”