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On the properties of nodal price response matrix in electricity markets

Vadim Borokhov

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Abstract: We establish sufficient conditions for nodal price response matrix in electric power system to be symmetric and negative (semi-)definite. The results are applicable for electricity markets with nonlinear and intertemporal constraints.

Date: 2014-04, Revised 2015-01
New Economics Papers: this item is included in nep-ene and nep-reg
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Published in IEEE Transactions on Power Systems, 30(6): 3286-3294 November 2015

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