Abstract
This paper presents a stochastic dynamic cooperative game model of power exchange between interconnected utilities. The model is used for the qualitative analysis of an efficient management of the interconnected networks. It also permits an analysis of the different pricing schemes through which the utilities effectuate the side-payments associated with the bargaining solutions. The case of two utilities is approached via the Nash-Harsanyi bargaining solution. Different approaches concerning the design of acceptable pricing schemes are proposed and discussed.
Research supported by FCAR-Actions spontanées, Grant #87-AS-2434, NSERC, Grants #A4952, #OPG0037525, MESS-Action structurante 6.1/7.4 (28)
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Berger, C., Dubois, R., Haurie, A., Lessard, E., Loulou, R. “Assessing the Dividends of Power Exchange Between Quebec and New York State: A Systems Analysis Approach”, International Journal of Energy Research, 14, (1990), 253–273.
Haurie, A., Zaccour, G. “A Differential Game Model of Power Exchange Between Interconnected Utilities”, Proceedings of the 25 th IEEE Conference on Decision and Control, 1, Athens, (1986).
Haurie, A., Zaccour, G., Smeers, Y. “A Stochastic Programming Equilibrium Approach for Dynamic Oligopolistic Markets”, JOTA, 66(2), August (1990), 243–253.
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© 1991 Springer-Verlag
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Haurie, A., Zaccour, G. (1991). A game programming approach to efficient management of interconnected power networks. In: Hämäläinen, R.P., Ehtamo, H.K. (eds) Differential Games — Developments in Modelling and Computation. Lecture Notes in Control and Information Sciences, vol 156. Springer, Berlin, Heidelberg. https://doi.org/10.1007/BFb0040248
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DOI: https://doi.org/10.1007/BFb0040248
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