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Magali Michel
faculty advisor
11 result(s) matching your search
- Marginal pricing and the energy crisis: Where should we go?Energy Economics, 149, September: 108716
- On the valuation of legacy power production in liberalized markets via option-pricingEuropean Journal of Operational Research, 322, 3: 1005-1024
- Risk-sharing in energy communitiesEuropean Journal of Operational Research, 322, 3: 870-888
- Collusion by mistake: does algorithmic sophistication drive supra-competitive profits?European Journal of Operational Research, 318, 3: 927-953
- Artificial Intelligence: Can Seemingly Collusive Outcomes Be Avoided?Management Science, 69, 9: 4973-5693
- An innovative approach for an optimal sizing of mini-grids in rural areas integrating the demand, the supply, and the grid.Renewable & Sustainable Energy Reviews, 146, August: 111117
- Unintended consequences: The snowball effect of energy communitiesEnergy Policy, 143, auguste 2020: 111597
- On The Viability of Energy CommunitiesThe Energy Journal, 41, 1: 113-150Following the development of decentralized production technologies, energy communities have become a topic of increased interest. While the potential benefits have been described, we use the framework of cooperative game theory to test the ability of such communities to adequately share the gains. Indeed, despite the potential value created by such coalitions, there is no guarantee that they will be viable: a subset of participants may find it profitable to exit the community and create another one of their own. We take the case of a neighborhood, having access to a limited resource - e.g. a shared roof or piece of land - which they can exploit if they invest in some renewable production capacity. By joining the community, participants also enjoy aggregation gains in the form of reduced network fees. We find conditions depending on the structure of renewable installation costs, on the magnitude of the aggregation effect and coordination costs and, most importantly, on the chosen sharing rule, under which the whole energy community is stable. In particular, we show that standard sharing rules often fail to enable communities to form and we suggest the adoption of slightly more sophisticated rules. Efficiency could require the intervention of a local planner or a change in network tariff structures.
- A New Game Theoretical Approach for Modeling Export Energy Markets EquilibriaThe Energy Journal, 39, 5: [30]
- On the multiplicity of solutions in generation capacity investment models with incomplete markets: a risk-averse stochastic equilibrium approachMathematical Programming, 165, 1: 5-69
