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Non-cooperative game: Finding Nash Equilibria (NE)
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Classroom Contents
Role of Flexible Demand Technology in Modern Electricity Markets - A Game-Theoretic Perspective
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- 1 Intro
- 2 Electricity systems: Decarbonisation of generation and demand
- 3 Decarbonisation challenges
- 4 Role of demand side in addressing emerging challenges
- 5 System benefits of flexible demand technologies
- 6 Electricity systems: Deregulation
- 7 Deregulation challenges
- 8 Modelling framework: Bi-level optimization
- 9 Non-cooperative game: Finding Nash Equilibria (NE)
- 10 Impact on producers' market power
- 11 Impact on retailers' business case
- 12 Impact on generation investment planning
- 13 Future work directions in deregulated market modelling