February 4, 2005
All rights reserved to Shmuel Oren, UC Berkeley
PS
ERC
Example
n
Two type example
n
Regulation
600 MW at $10 /MW
100 MW at $15 /MW
n
Spin
200 MW at $ 5 /MW
300 MW at $20 /MW
n
Regulation
200
500
700
600
15
10
20
5
Spin
d
SP
=500
d
RG
=500