Energy End-Use Efficiency, Policy and Economics

Project Title:
Mathematical Programs with Equilibrium Constraints in Electric Power Markets

Principle Investigator(s) (UMD):
Steven Gabriel

Abstract:
Dr. Steven A. Gabriel, Florian Leuthold, and Dr. Christian von Hirschhausen
(TU-Dresden= Technische Universität, Dresden) are developing large-scale models of electric power markets via a formulation involving mathematical programming with equilibrium constraints (MPEC). They are also developing specialized algorithms to solve these problems. They will be applying these methods and models first to the European Union electric power grid.

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