3 citations · 6 across the 3 of their papers we have counts for
3 papers
Zonal vs. Nodal Pricing: An Analysis of Different Pricing Rules in the German Day-Ahead Market
Johannes Knörr, Martin Bichler, Teodora Dobos
The European electricity market is based on large pricing zones with a uniform day-ahead price. The energy transition leads to changes in supply and demand and increasing redispatc…
Solving Large-Scale Electricity Market Pricing Problems in Polynomial Time
Mete Şeref Ahunbay, Martin Bichler, Teodora Dobos +1
Electricity market operators worldwide use mixed-integer linear programming to solve the allocation problem in wholesale electricity markets. Prices are typically determined based…
Pricing Optimal Outcomes in Coupled and Non-Convex Markets: Theory and Applications to Electricity Markets
Mete Şeref Ahunbay, Martin Bichler, Johannes Knörr
According to the fundamental theorems of welfare economics, any competitive equilibrium is Pareto efficient. Unfortunately, competitive equilibrium prices only exist under strong a…