Abstract

This article considers a competitive negotiation of supply capacities among some enterprises and an electricity distribution company. An available dynamic negotiation strategy based on a double auction mechanism is utilized to investigate two kinds of cases: (i) one or more enterprises present an inelastic demand; and (ii) the negotiation framework is affected by the number of enterprises. Several study cases are simulated. The obtained results suggest that there are no individual or collective economic incentives to adopt an inelastic demand; and a joint benefit is achieved for all the involved enterprises (i.e., the industries and the energy distribution company) even increasing the number of enterprises. Results could be of interest for enterprises located e.g. in an industrial park.

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