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Browsing Charles H. Dyson School of Applied Economics and Management by Author "Thomas, Robert J."
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Integration of Stochastic Power Generation, Geographical Averaging and Load Response
Lamadrid, Alberto J.; Mount, Timothy D.; Thomas, Robert J. (Charles H. Dyson School of Applied Economics and Management, Cornell University, 2011-02-01)The objective of this paper is to analyze how the variability of wind affects optimal dispatches and reserves in a daily optimization cycle. The Cornell SuperOPF1 is used to illustrate how the system costs can be determined ... -
Market Efficiency, Competition, and Communication in Electric Power Markets: Experimental Results
Chapman, Duane; Vossler, Christian A.; Mount, Timothy D.; Barboni, V.; Thomas, Robert J.; Zimmerman, Ray D. (Charles H. Dyson School of Applied Economics and Management, Cornell University, 2002-09)Economic theory gives no clear indication of the minimum number of producers necessary for a market to define competitive price-quantity equilibria which approximate price equal to marginal cost. Previous work and FERC ... -
THE HIDDEN SYSTEM COSTS OF WIND GENERATION IN A DEREGULATED ELECTRICITY MARKET
Mount, Timothy D.; Maneevitjit, Surin; Lamadrid, Alberto J.; Zimmerman, Ray D.; Thomas, Robert J. (Charles H. Dyson School of Applied Economics and Management, Cornell University, 2011-07-03)Earlier research has shown that adding wind capacity to a network can lower the total annual operating cost of meeting a given pattern of loads by displacing conventional generation. At the same time, the variability of ...