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Table 14 Changes in optimal values of A and B with respect to their standard values

From: Minimising the expectation value of the procurement cost in electricity markets based on the prediction error of energy consumption

  A B
Precision of previous-day demand prediction decreases Increase Increase
Precision of same-day demand prediction increases Decrease Increase
Intra-day unit price approaches day-ahead unit price Decrease Increase
Intra-day unit price approaches penalty unit price Increase Decrease
Day-ahead unit price decreases Increase Decrease
Penalty unit price increases Increase Increase