In this work bilevel programming techniques are applied to the generation capacity expansion problem in the electricity sector in order to carry out a game-theoretic market analysis to support the decisions that generation companies have to face in the electricity market in order to build new plants. A stochastic Mathematical Program with Equilibrium Constraints formulation of the generation capacity problem is compared to the non-stochastic model with a focus on the impact on model results.
|Publication status||Published - 2010|
|Event||INFORMS 2010 Annual Meeting. Energizing the future - Austin, United States|
Duration: 7 Nov 2010 → 10 Nov 2010
|Conference||INFORMS 2010 Annual Meeting. Energizing the future|
|Period||7/11/10 → 10/11/10|