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Flash-based SSDs are becoming prevalent in the entire storage stack, but their in-born limitations still remain there, which prevents users' complete confidence in them, despite of their very attractive performance advantages. One of the critical concerns is their limited lifespan and the associated degrading reliability as the capacity is consumed. A variety of techniques based on caching optimization...
Wholesale power markets around the world are currently undergoing a controversial restructuring of their architecture and rules of operation. Some commentators have argued that restructuring has not produced the intended improvements in market efficiency while at the same time it has complicated efforts to ensure reliability and fairness of operations. This situation suggests the desirability of having...
This study investigates the complicated nonlinear effects of demand-bid price sensitivity and supply-offer price caps on locational marginal prices (LMPs) for bulk electric power when profit-seeking generators can learn over time how to strategize their supply offers. Systematic computational experiments are conducted using AMES, an open-source agent-based test bed developed by the authors. AMES models...
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