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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However, impacts of energy storage on micro-grid has not been explored yet. Please note that corrections may take a couple of weeks to filter through the various RePEc services.


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This bi-level problem is solved after converting it into a Mathematical Program with Equilibrium Constraints MPEC and linearizing the latter through suitable techniques. You can help adding them counterspeculatipn using this form. Case studies demonstrate the effectiveness of the proposed method. This allows to link your profile to this item. Wiley Content Delivery or Christopher F.


The Impact of Energy Storage on Micro-grid: When requesting a correction, please mention this item’s handle: If you know of missing items citing this one, you can help us creating competutive links by adding the relevant sexled in the same way as above, for each refering item. Help us Corrections Found an error or omission?

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A set of distributed generation, demand flexibility and energy storage devices are locally managed to minimize the local total generation cost. More about this item Statistics Access auctiojs download statistics Corrections All material on this site has been provided by the respective publishers and authors.

Download full text from publisher File URL: 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.

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. If you are a registered author of this item, you may also want to check the “citations” tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.


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Counterspeculation, Auctions, And Competitive Sealed Tenders

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Quantitative analysis is proposed by a bi-level optimization model of the micro-grid setting, accounting for the operational constraints of energy storage.

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Smart grid concepts have been developed to solve this problem. Vickrey, Counter speculation, auctions, and competitive sealed tenders, J.