Nikolaos Chrysanthopoulos's research while affiliated with Imperial College London and other places

Publications (6)

Article
Full-text available
For the Cournot-like oligopoly games of n firms, where the Cournot adjustment fails to converge, we propose adjustment processes originating from the family of the Moving Averages. In markets of linear demand, where firms have private and linear on quantities cost functions, these adaptive rules turn the games into discrete-time linear systems with...
Article
Driven by climate change concerns, Europe has taken significant initiatives toward the decarbonization of its energy system. The European Commission (EC) has set targets for 2030 to achieve at least 40% reduction in greenhouse gas emissions with respect to the 1990 baseline level and cover at least 32% of the total energy consumption in the Europea...
Article
Full-text available
A decision support tool has been developed to evaluate energy-saving intervention investments for domestic buildings. Various potential interventions are considered, each affecting energy consumption and savings, as well as the total financial cost of the investment. The decision problem is formulated as a mixed-integer programming problem. The imp...
Conference Paper
Full-text available
The day-ahead power market is modelled as a stochastic game, where demand is stochastic and inelastic. Power producers are considered players of the game, who adopt a learning driven strategic behaviour, aiming to maximize their profits by identifying greedy strategies. We define a player's transformation of the state, as the way that the player pe...

Citations

... The project used a gamification approach to connect energy communities together, in a peerto-peer approach aiming to support knowledge sharing on asset dimensioning, finance, business models, specific actions, and other aspects of creating and upscaling energy communities and the preliminary results have already been published [10]. Another project under the H2020 framework is MERLON [11,12]. It introduces an integrated modular local energy management framework, for the holistic operational and optimization of local energy systems, in the presence of high shares of volatile distributed renewable energy sources. ...
... [8] compares investment under these two mechanisms using system dynamics. [9] shows that the scarcity pricing mechanism is sufficient to cover the capacity investment cost, but [10] suggests that it is necessary to equip capacity payment mechanism to stimulate generation investment. [11] thinks the capacity mechanism distorts the price of the energy market. ...
... In addition, A. Matsumoto and F. Szidarovszky [9] have studied Theocharis-Cournot model as a differentiated oligopoly. Recently, adaptive expectations have been considered in the Cournot-Theocharis model [3] and [6]. ...
... On a global scale, the industrial, transport, commercial, and residential sectors demand the vast majority of the energy produced. In particular, the residential sector represents 20% of total global energy consumption, with projected growth ranging from 0.6% to 2.1% per year, contingent on economic and population growth, living standards, building shell improvements, and equipment efficiency [1][2][3]. Moreover, projections anticipate (despite good intentions) an energy consumption increase by about 60% by 2040 [1]. ...
... They compare the competitive behaviour of players in both the multi-agent and single-agent case. Chrysanthopoulos et al. [34] take a similar approach, by modelling the day-ahead market as a stochastic game. They use an ABM to model GenCos to maximise their profit using RL. ...