1,721,046 research outputs found
Linear regulator design for stochastic systems by a multiple time scales method
Get PDFBibliography: leaves 10-11.NASA Grant NGL-22-009-124, and ERDA Grant ERDA-E(49)-2087.Demosthenis Teneketzis, Nils R. Sandell, Jr
Perturbation methods in decentralized stochastic control
Get PDFBibliography: p.195-197.The research was conducted under grant NGL-22-009-124, grant AFOSR-72-2273, and grant ERDA-E (49-18)-2087. Originally presented as the author's thesis, (M.S.), M.I.T. Dept. of Electrical Engineering and Computer Science, 1976.by Demosthenis Teneketzis
An individually rational, budget-balanced mechanism that implements in Nash equilibria the solution of the unicast service provisioning problem
No full textA decentralized mechanism for computing competitive equilibria in deregulated electricity markets
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Economizing the Uneconomic: Markets for Reliable, Sustainable, and Price Efficient Electricity
No full textCurrent electricity markets do not efficiently achieve policy targets i.e., sustainability, reliability, and price efficiency. Thus, there are debates on how to achieve these targets by using either market mechanisms e.g., carbon and capacity markets, or non-market mechanisms such as offer-caps, price-caps, and market-monitoring. At the same time, major industry changes including demand response management technologies and large scale batteries bring more elasticity to demand; such changes will impact the methodology needed to achieve the above mentioned targets. This work provides market solutions that capture all three policy targets simultaneously and take into account the above-mentioned industry changes. The proposed solutions are based on: (i) a model of electricity markets that captures all the above mentioned electricity policy targets; (ii) mechanism design and the development of a framework for design of efficient auctions with constraints (individual, joint homogeneous, and joint non-homogeneous). The results show that, within the context of the proposed model, all policy targets can be achieved efficiently by separate capacity and carbon markets in addition to efficient spot markets. The results also highlight that all three policy targets can be achieved without any offer-cap, price-cap, or market monitoring. Thus, within the context of the proposed model, they provide clear answers to the above-mentioned policy debates
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