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Collusion and capacity withholding in electricity wholesale markets are important mechanisms of market manipulation. This study applies a refined machine learning-based cartel detection algorithm to two cartel cases in the Italian…

计量经济学 · 经济学 2025-12-02 Jeremy Proz , Martin Huber

The increasing penetration of renewable energy necessitates improved power system flexibility, driving the deployment of independent energy storage operators (ESOs). Existing research extensively investigates capacity sizing for price-taker…

理论经济学 · 经济学 2026-05-19 Lizhong Zhang , Junqi Liu , Jianxiao Wang , Lei Zhu

We develop a stochastic equilibrium model for an electricity market with asymmetric renewable energy forecasts. In our setting, market participants optimize their profits using public information about a conditional expectation of energy…

最优化与控制 · 数学 2020-05-26 Vladimir Dvorkin , Jalal Kazempour , Pierre Pinson

Nowadays, energy transition is ongoing in many countries, aiming to reduce dependence on fossil fuels and CO2 emissions. Besides the positive impacts on the environment, this transition brings technical challenges to the system operators,…

系统与控制 · 电气工程与系统科学 2026-03-10 Hang Nguyen , Koen Kok , Trung Thai Tran , Phuong H. Nguyen

In two-stage electricity markets, renewable power producers enter the day-ahead market with a forecast of future power generation and then reconcile any forecast deviation in the real-time market at a penalty. The choice of the forecast…

系统与控制 · 电气工程与系统科学 2025-01-15 Vladimir Dvorkin

In this work, we focus on resource allocation in a decentralised open market. In decentralised open markets consists of multiple vendors and multiple dynamically-arriving buyers, thus makes the market complex and dynamic. Because, in these…

计算机科学与博弈论 · 计算机科学 2021-09-02 Pankaj Mishra , Ahmed Moustafa , Takayuki Ito

Efficiently accommodating uncertain renewable resources in wholesale electricity markets is among the foremost priorities of market regulators in the US, UK and EU nations. However, existing deterministic market designs fail to internalize…

系统与控制 · 电气工程与系统科学 2019-12-19 Yury Dvorkin

Uncertainties in renewable generation and demand dynamics challenge day-ahead scheduling. To enhance renewable penetration and maintain intra-day balance, we develop a multi-agent reinforcement learning framework for self-interested…

多智能体系统 · 计算机科学 2026-04-13 Junhao Ren , Honglin Gao , Lan Zhao , Qiyu Kang , Gaoxi Xiao , Yajuan Sun

As the scale of machine learning models increases, trends such as scaling laws anticipate consistent downstream improvements in predictive accuracy. However, these trends take the perspective of a single model-provider in isolation, while…

计算机科学与博弈论 · 计算机科学 2024-02-07 Meena Jagadeesan , Michael I. Jordan , Jacob Steinhardt , Nika Haghtalab

The rapid growth of variable renewable energy has increased the need for flexible and efficiently coordinated energy resources. In this context, hybrid resources that combine renewable generation and battery storage within a single…

系统与控制 · 电气工程与系统科学 2026-05-15 Hikaru Hoshino , Taiyo Mantani , Eiko Furutani

This paper presents a framework for simultaneous bidding and pricing strategy for wholesale market participation of electric vehicle (EV) charging stations aggregator. The proposed framework incorporates the EV charging stations' technical…

系统与控制 · 电气工程与系统科学 2022-09-14 Mohammad Mousavi , Li "Lisa" Qi , Alexander Brissette , Meng Wu

The widespread adoption of IoT has driven the development of cyber-physical systems (CPS) in industrial environments, leveraging Industrial IoTs (IIoTs) to automate manufacturing processes and enhance productivity. The transition to…

机器人学 · 计算机科学 2025-05-06 Dimitris Kallis , Moysis Symeonides , Marios D. Dikaiakos

Online platforms collect rich information about participants and then share some of this information back with them to improve market outcomes. In this paper we study the following information disclosure problem in two-sided markets: If a…

理论经济学 · 经济学 2023-09-01 Bar Light , Ramesh Johari , Gabriel Weintraub

Data buyers compete in a game of incomplete information about which a single data seller owns some payoff-relevant information. The seller faces a joint information- and mechanism-design problem: deciding which information to sell, while…

计算机科学与博弈论 · 计算机科学 2024-11-18 Alessandro Bonatti , Munther Dahleh , Thibaut Horel , Amir Nouripour

Algorithmic fairness has emerged as a central issue in ML, and it has become standard practice to adjust ML algorithms so that they will satisfy fairness requirements such as Equal Opportunity. In this paper we consider the effects of…

机器学习 · 计算机科学 2025-10-28 Ronen Gradwohl , Eilam Shapira , Moshe Tennenholtz

This paper describes the Grid Optimization (GO) Competition Challenge 3, focusing on the problem motivation, formulation, solvers submitted by competition entrants, and analysis of the solutions produced. Funded by DOE/ARPA-E and led by a…

数值分析 · 数学 2024-11-20 Jesse T. Holzer , Stephen Elbert , Hans Mittelmann , Richard O'Neill , HyungSeon Oh

The current stage in the evolution of the European internal energy market for electricity is defined by the transformation towards a renewable energy system. The Clean Energy Package aims to ensure that methods for capacity allocation and…

物理与社会 · 物理学 2021-09-13 Richard Weinhold

Auto-bidding plays an important role in online advertising and has become a crucial tool for advertisers and advertising platforms to meet their performance objectives and optimize the efficiency of ad delivery. Advertisers employing…

计算机科学与博弈论 · 计算机科学 2020-12-07 Bin Li , Xiao Yang , Daren Sun , Zhi Ji , Zhen Jiang , Cong Han , Dong Hao

Load-serving entities which procure electricity from the wholesale electricity market to service end-users face significant quantity and price risks due to the volatile nature of electricity demand and quasi-fixed residential tariffs at…

系统与控制 · 计算机科学 2017-03-21 Datong P. Zhou , Munther A. Dahleh , Claire J. Tomlin

With the sustained deployment of distributed generation capacities and the more proactive role of consumers, power systems and their operation are drifting away from a conventional top-down hierarchical structure. Electricity market…

系统与控制 · 计算机科学 2018-09-25 Etienne Sorin , Lucien Bobo , Pierre Pinson