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Stochastic auctions to accommodate the future flexi-grid

Presented by: 
Golbon Zakeri University of Auckland
Date: 
Thursday 21st March 2019 - 15:45 to 16:30
Venue: 
INI Seminar Room 1
Abstract: 
We will discuss the design and performance of some stochastic auctions designed to accommodate flexibility and hence penetration of intermittent renewable energy generation. We will examine these auctions in the context of competitive markets as well as oligopolies. We will also shed some light on using such mechanisms in markets where the participants are risk averse. The talk is based on the following literature. 
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Presentation Material: 
University of Cambridge Research Councils UK
    Clay Mathematics Institute London Mathematical Society NM Rothschild and Sons