Plugging Into Energy Market Diversity.
Asfandyar Qureshi · 2008
In North America, electricity prices exhibit both temporal and geographic variation—the later exists due to regional demand differences, transmission inefficiencies and generation diversity. Using historical market data, we characterize the variation and argue that existing distributed systems should be able to exploit it for significant economic gains. We consider pricing in cloud computing systems, and also use simulation to estimate the advantage of dynamically shuffling computation between different