Abstract
The price of electrical energy in Spain has not been regulated by the government since 1998, but determined by the supply from the generators in a competitive market, the so-called “electrical pool”. In this work, we present a genetic algorithm-based method that allow us to simulate Cournot-like equilibrium situations in the Spanish pool. A perfect oligipolistic behavior of the agents will be assumed. The output of the algorithm being proposed here contains an approximation to the optimal supply curves of the competing agents.
Published Version
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