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Old July 28th, 2008, 06:50 PM
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Cournot modeling - looking for intro on how to do this (specificiallyelectricity dispatch)

Hi

I would like to start to learn about cournot models, specifically
electricity generation dispatch (x units, y firms, each with some
srmc).

Can I get some recomendations on resources which go through this,
preferrably at a very basic and intro level (at least to start with).

I would also like to then learn about adding further constraints, eg
transmission, contracts, fuel limits, max generation limits etc, and
just what this means in a cournot model and any implications. I am
not sure I have made this bit clear but my understanding is that the
simple model has something like 4 equations which is guaranteed to
create a solution where no player can get better without worsening
someone else, however adding extra equations can destroy this -
hopefully this makes sense - and I want to know what adding extra
equations actually does and if there are standard accepted extra
equations etc etc . I think this is probably understandable if you
have done cournot electricity dispatch models?.


resources much much better than texts as my access to library
is very limited (but not impossible).


Thanks
Andy C

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