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Record W2048736633 · doi:10.1504/ijtcs.2013.058799

Price determination in the wholesale electricity markets

2013· article· en· W2048736633 on OpenAlexaff
Anastassios Gentzoglanis

Bibliographic record

VenueInternational Journal of Teaching and Case Studies · 2013
Typearticle
Languageen
FieldEnergy
TopicEnergy Efficiency and Management
Canadian institutionsUniversité de Sherbrooke
Fundersnot available
KeywordsElectricityBiddingElectricity retailingBusinessElectricity marketCommerceConsumption (sociology)Product (mathematics)Industrial organizationService (business)Wholesale price indexEconomicsMarketingMonetary economicsPrice levelMid price

Abstract

fetched live from OpenAlex

Price determination is one of the most complex issues facing business managers and decision makers. Electricity is a major input for almost every product and service sold in the market and its consumption represents a significant expense for retail consumers and industries. Nowadays, in many industrialised countries, many complex bidding mechanisms are used to determine the wholesale electricity prices. At the retail level, prices are determined, most of the times, by the regulatory agencies. This case-study presents the complexities of price determination at the wholesale electricity markets and explains the challenges business executives are facing in developing short and long term winning strategies. The unique case of negative electricity prices and their use as a sound short run business strategy is also explained and justified.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.002
metaresearch head score (Gemma)0.005
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.008
Threshold uncertainty score0.028

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0020.005
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.001
Science and technology studies0.0010.002
Scholarly communication0.0060.005
Open science0.0010.002
Research integrity0.0020.002
Insufficient payload (model declined to judge)0.0080.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.015
GPT teacher head0.298
Teacher spread0.283 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2013
Admission routes1
Has abstractyes

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