Skip to main content
SpringerLink
Log in
Book cover

Advances in Dynamic Games and Applications pp 375–385Cite as

Birkhäuser

On Barter Contracts in Electricity Exchange

  • Conference paper

Part of the book series: Annals of the International Society of Dynamic Games ((AISDG,volume 1))

Abstract

We present a model for intertemporal electricity exchange between two independent power producers. The exchange is based on the diversity of the companies’ marginal production costs at the different periods. The exchange is carried out in the form of a barter contract. An axiomatic approach to bargaining is used to define the contract.

This is a preview of subscription content, log in via an institution.

Chapter
USD   29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD   129.00
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD   169.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD   169.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Learn about institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. M.S. Bazaraa and C.M. Shetty, Nonlinear Programming, Wiley, New York, 1979.

    MATH  Google Scholar 

  2. C. Berger, R. Dubois, A. Haurie, E. Lessard, and R. Loulou, Assessing the dividents of power exchange between Quebec and New York State: a systems analysis approach, Int. J. Energy Research, 14, (1990), pp. 253–273.

    Article  Google Scholar 

  3. A. Breton, A. Haurie, and R. Kalocsai, Efficient management of interconnected power systems: a game-theoretic approach, Automatica, 14, (1978), pp. 443–452.

    Article  MATH  Google Scholar 

  4. K.W. Doty and P.L. McEntire, An analysis of electric power brokerage systems, IEEE Trans. on Power Apparatus and Systems, PAS-101, (1982), pp. 389–396.

    Article  Google Scholar 

  5. H. Ehtamo, J. Ruusunen, V. Kaitala, and R.P. Hämäläinen, Solution for a dynamic bargaining problem with an application to resource management, J. Optimiz. Theory Appl., 59, (1988), pp. 391–405.

    Article  MATH  Google Scholar 

  6. H.Ehtamo, J. Ruusunen, and R.P. Hämäläinen, A hierarchical approach to bargaining in power pool management, IEEE Trans. on Automatic Control, AC-34, (1989), pp. 666–669.

    Article  Google Scholar 

  7. H. Ehtamo and J. Ruusunen, An Intertemporal Bargaining Model, Helsinki University of Technology, Systems Analysis Laboratory, Research Reports A35, 1990.

    Google Scholar 

  8. X. Guan, P.B. Luh, H. Yan, and J.A. Amalfi, An optimization-based method for unit commitment, Electrical Power & Energy Systems, 14, (1992), pp. 9–17.

    Article  Google Scholar 

  9. A.E. Roth, Axiomatic Models of Bargaining, Springer, Berlin, 1979.

    Book  MATH  Google Scholar 

  10. J. Ruusunen, H.Ehtamo, and R.P. Hämäläinen, Dynamic cooperative electricity exchange in a power pool, IEEE Trans. on Systems, Man. and Cybernetics, 21, (1991), pp. 758–766.

    Article  Google Scholar 

  11. J. Ruusunen, Intertemporal electricity exchange through barter, Automatica, 28, (1992), pp. 203–207.

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

  1. Systems Analysis Laboratory, Helsinki University of Technology, Espoo, Finland

    Jukka Ruusunen

Authors
  1. Jukka Ruusunen
    View author publications

    You can also search for this author in PubMed Google Scholar

Editor information

Editors and Affiliations

  1. Coordinated Science Laboratory, University of Illinois, Urbana, IL, 61801, USA

    Tamer Başar

  2. Department of Management Studies, University of Geneva, CH-1211, Geneva, Switzerland

    Alain Haurie

Rights and permissions

Reprints and permissions

Copyright information

© 1994 Springer Science+Business Media New York

About this paper

Cite this paper

Ruusunen, J. (1994). On Barter Contracts in Electricity Exchange. In: Başar, T., Haurie, A. (eds) Advances in Dynamic Games and Applications. Annals of the International Society of Dynamic Games, vol 1. Birkhäuser, Boston, MA. https://doi.org/10.1007/978-1-4612-0245-5_21

Download citation

  • DOI: https://doi.org/10.1007/978-1-4612-0245-5_21

  • Publisher Name: Birkhäuser, Boston, MA

  • Print ISBN: 978-1-4612-6679-2

  • Online ISBN: 978-1-4612-0245-5

  • eBook Packages: Springer Book Archive

Publish with us

Policies and ethics

Search

Navigation