2009
DOI: 10.2139/ssrn.1483228
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A Review of Liberalization and Modeling of Electricity Markets

Abstract: Abstract:This paper provides a review on the restructuring of electricity markets around the word including the UK, Norway, Continental Europe, and the US. The focus of this review lies on aspects of competitiveness and regulation in generation and transmission markets and market design, whereas distribution and retail are not pursued in detail. Furthermore, an overview about current modeling trends regarding liberalized electricity markets is provided including a classification according to mathematical princ… Show more

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Cited by 4 publications
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“…. The model To achieve the above objectives, this paper adopts the optimization model of literature (Weigt, 2009). The difference is that this paper focuses on the generation of renewable resources and includes them in the model instead of subtracting them directly from the demand.…”
Section: Literature Reviewmentioning
confidence: 99%
“…. The model To achieve the above objectives, this paper adopts the optimization model of literature (Weigt, 2009). The difference is that this paper focuses on the generation of renewable resources and includes them in the model instead of subtracting them directly from the demand.…”
Section: Literature Reviewmentioning
confidence: 99%