Abstract:An integrated view of energy markets has led to the introduction of new market participants named energy retailers (ERs). Competition among ERs in an integrated market greatly improves market performance in areas such as sustainability, supply security, and environmental awareness. ER performance is evaluated in an integrated market with emission penalty reduction in the objective function. Bi-level programming is used to model an ER game, and the equilibria of different configurations are compared. In the gam… Show more
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