Seminar examines strategic behavior, uncertainties in electricity markets
Pavee Siriruk, doctoral student in industrial and systems engineering, will present
the seminar, "Cournot Competition in Power Markets under Uncertainties" on Thursday,
June 12, at 11 a.m. in Shelby Center 3210. Siriruk will discuss the determination
of deregulated electricity price by market demand, supply conditions and strategic
behavior. He will also present the Cournot model for representing strategic behavior
and uncertainties in electricity markets. Uncertainties such as generator availabilities
and fuel price are crucial factors that can affect the market prices of power
systems.
The seminar is open to students, faculty, staff and the public. For additional
information please visit http://www.eng.auburn.edu/admin/marketing/seminars/ise-seminars.html.
