Séminaire des doctorants CMLS-CMAP
15h00 - Heythem Farhat (CMAP)
"A principal-Agent approach for Electricity Capacities compensation design"
We propose a Principal-Agent approach for electricity capacities compensation design. Principal is the electricity consumer, subject to the risk of blackout, and Agent is electricity supplier, who needs to satisfy consumer's demand. Following the methodology of Cvitanic et al. (2017), we solve the problem for both parties. Numerical results and comparison with current pricing of capacities market provide insight on the necessity of capacity compensation.
L'exposé sera suivi d'un goûter.