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Marginal revenue

Related publications (33)

Energy Management of Price-Maker Community Energy Storage by Stochastic Dynamic Programming

In this paper, we propose an analytical stochastic dynamic programming (SDP) algorithm to address the optimal management problem of price-maker community energy storage. As a price-maker, energy storage smooths price differences, thus decreasing energy arb ...

China Electric Power Research Inst2024

Weakly nonlinear versus semi-linear models of the nonlinear evolution of the centrifugal instability

François Gallaire, Eunok Yim

We carry out a weakly nonlinear analysis of the centrifugal instability for a columnar vortex in a rotating fluid, and compare the results to those of the semi-linear model derived empirically by Yim et al. (J. Fluid Mech., vol. 897, 2020, A34). The asympt ...

CAMBRIDGE UNIV PRESS2023

A continuum approximation approach to the depot location problem in a crowd-shipping system

Nikolaos Geroliminis, Patrick Stefan Adriaan Stokkink

Last-mile delivery in the logistics chain contributes to congestion in urban networks due to frequent stops. Crowd-shipping is a sustainable and low-cost alternative to traditional delivery but relies heavily on the availability of occasional couriers. In ...

PERGAMON-ELSEVIER SCIENCE LTD2023

Ambiguous labor market reforms

Charles Cosme Henri Dennery

When labour unions use first-best price discrimination, they can extract a wage above the marginal product of labour: employment is above the firm's own optimum - this is featherbedding or overmanning, and such rigidities can increase employment. While lab ...

2020

Welfare effects of technology-based climate policies in liberalized electricity markets: seeing beyond total system cost

Philippe Thalmann, Frank Vöhringer, Sophie Maire

This paper is a contribution to assessing the Swiss energy transition, with an emphasis on the consequences of decommissioning the nuclear power plants for the electricity market and the whole economy. We expect that increased renewable generation and dema ...

2019

An integrator-differentiator TIA using a multi-element pseudo-resistor in its DC servo loop for enhanced noise performance

Georg Fantner, Jens Anders

In this paper, we present an integrator-differentiator transimpedance amplifier (TIA) featuring a multielement pseudo-resistor (MEPR) in the DC feedback path for improved noise performance in the presence of non-zero DC input currents. The presented protot ...

IEEE2018

Accounting for near-wellbore fracture behavior to unlock the potential of unconventional gas wells

Brice Tanguy Alphonse Lecampion

Despite ongoing engineering efforts, unconventional horizontal gas wells completed with the multi-stage hydraulic fracturing technique are not yet producing to their full potential, as a meaningful proportion of clusters are producing marginally - if at al ...

2018

Pricing Electricity Through a Stochastic Non-Convex Market-Clearing Model

Farzaneh Abbaspourtorbati, Antonio J. Conejo

This paper proposes a pricing scheme for the day-ahead market in power systems with a large percentage of renewable stochastic production. To clear the day-ahead market, instead of a simplistic deterministic model, we use a two-stage stochastic programming ...

Ieee-Inst Electrical Electronics Engineers Inc2017

Electricity market operations under increasing uncertainty

Farzaneh Abbaspourtorbati

Decision making in electricity markets under uncertainty has worldwide gained attention due to an increasing number of uncertain parameters associated to technology developments and market evolution. Hence, the market operator faces new challenges pertaini ...

EPFL2017

Train Timetable Design Under Elastic Passenger Demand

Michel Bierlaire, Matthieu Marie Cochon de Lapparent, Shadi Sharif Azadeh, Mohammad Yousef Maknoon, Tomas Robenek

We integrate a probabilistic demand model in the train timetabling problem. We use a logit model that we calibrate to reflect the known demand elasticities. We further include a competing operator as an opt-out option for the passengers. Subsequently, we i ...

2016

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