Modified dealer model for the electricity market

• Main Author: Gong, Xue
• Other Authors: Cheong Siew Ann
• Format: Final Year Project
• Language: English
• Published: 2015
• Subjects: DRNTU::Science::Physics
• Online Access: http://hdl.handle.net/10356/64859
• Institution: Nanyang Technological University

After a worldwide reformation of electricity market since 1990s, the electricity market has been transformed from regulated and monopolistic to partially deregulated. The most striking feature of electricity price in deregulated market is spiking which is the subject of this paper. No commonly accep...