frontpage.
newsnewestaskshowjobs

Made with ♥ by @iamnishanth

Open Source @Github

Open in hackernews

Research suggests electricity markets are using suboptimal pricing

https://arxiv.org/abs/2507.06035
2•cfata•12h ago

Comments

cfata•12h ago
This paper tackles a fundamental question in electricity market design that affects billions in energy costs.

Most major electricity markets (US, EU) use "Pay-as-Clear" pricing where all producers get paid the highest accepted bid. The alternative is "Pay-as-Bid" where each producer gets their own bid amount.

The European Commission argues Pay-as-Clear promotes "efficiency and transparency." But this game-theoretic analysis finds Pay-as-Bid consistently yields lower worst-case prices, even though neither mechanism dominates in all scenarios.

The key insight: while Pay-as-Clear might have better best-case outcomes, Pay-as-Bid provides better worst-case guarantees - arguably more important for critical infrastructure.

Given the scale of electricity markets, even small efficiency gains could mean significant consumer savings. Makes you wonder why the industry standard persists despite the theoretical evidence.

(Spotted via my Research Paper widget on get-alfred.ai — thought it was worth a share.)

PHP 8.5 Introduces an INI Diff Option

https://laravel-news.com/php-85-introduces-an-ini-diff-option
1•amalinovic•24s ago•0 comments

Could a Paper Plane Thrown from the ISS Survive the Flight?

https://www.sciencealert.com/could-a-paper-plane-thrown-from-the-international-space-station-survive-the-flight
1•dxs•25s ago•0 comments

Proposal: Whoever downvote you won't see your post any more

1•sheepfacts•32s ago•0 comments

Show HN: A way to automatically deprecate DockerHub repositories

1•vipulgupta2048_•40s ago•1 comments

Canonical Releases Multipass 1.16 as Now Open-Source Project

https://www.phoronix.com/news/Multipass-1.16-Released
1•mikece•1m ago•0 comments

Book Review of Smart Brevity: The Power of Saying More with Less

https://deliberateowl.com/blog/book-review-smart-brevity-the-power-of-saying-more-with-less-jim-vandehei-mike-allen-roy-schwartz
1•teleforce•3m ago•0 comments

Deleting My Second Brain: Back to Real Thinking

https://www.youtube.com/watch?v=CjSWwmg-JRM
1•downboots•4m ago•0 comments

Ferrero plans to buy cereal maker WK Kellogg for $3.1B

https://apnews.com/article/kellogg-ferrero-cereal-chocolate-fruit-loops-a148780f0abe5ee39f1c5450204e41e8
1•geox•6m ago•0 comments

Thank you for calling Web Dev. How may we complicate things for you?

https://newslttrs.com/thank-you-for-calling-web-dev-how-may-we-complicate-things-for-you/
1•spzb•6m ago•0 comments

BigCSV – Fast CSV Processing Tool for Large Files

https://www.bigcsv.online/
1•yszhu•7m ago•1 comments

Official Psalm Docker Image

https://blog.daniil.it/2025/07/10/official-psalm-docker-image/
1•danogentili•8m ago•0 comments

JEDEC Releases New LPDDR6 Standard to Enhance Memory Performance

https://www.techpowerup.com/338791/jedec-releases-new-lpddr6-standard-to-enhance-memory-performance
1•ksec•9m ago•1 comments

Orca Build System

https://orca-app.dev/posts/250710/orca_build_system.html
3•kristoff_it•9m ago•0 comments

Can Americans Escape Their Overly Emotional Politics?

https://www.liberalpatriot.com/p/can-americans-escape-their-overly
1•RickJWagner•10m ago•0 comments

An oral history of Carol Kalish, influential figure at Marvel Comics (2020)

https://www.gamesradar.com/an-oral-history-of-carol-kalish-the-most-important-comic-book-figure-youve-never-heard-of/
1•NaOH•10m ago•0 comments

Publish all your crates everywhere all at once

https://www.tweag.io/blog/2025-07-10-cargo-package-workspace/
1•ingve•11m ago•0 comments

Apple Has Wasted Millions Hours with a Misleading macOS Warning

https://github.com/milisp/misleading-macos-damaged-warnin
3•milisp•11m ago•2 comments

Tool strips away anti-AI protections from digital art

https://www.technologyreview.com/2025/07/10/1119937/tool-strips-away-anti-ai-protections-from-digital-art/
2•Kye•11m ago•0 comments

When scientists share their failures, the public trusts them more

https://phys.org/news/2025-06-scientists-failures.html
1•PaulHoule•13m ago•0 comments

Word Duplicate Content Detection Tool

https://github.com/fernvenue/word-duplicate-detector
1•fernvenue•14m ago•0 comments

Show HN: A simple opinionated tool to organize plans with friends

https://www.aplan.to/
1•nullpacket•14m ago•1 comments

Earth is going to spin much faster over the next few months

https://www.livescience.com/planet-earth/earth-is-going-to-spin-much-faster-over-the-next-few-months-so-fast-that-several-days-are-going-to-get-shorter
1•throw0101d•15m ago•1 comments

Fossil fuels show staying power as EU clean energy output dips

https://www.reuters.com/markets/commodities/fossil-fuels-show-staying-power-eu-clean-energy-output-dips-2025-07-10
1•RickJWagner•15m ago•0 comments

Uiverse – The Largest Library of Open-Source UI Elements

https://uiverse.io/
1•EPendragon•17m ago•0 comments

Youth Sports Are a $40B Business. Private Equity Is Taking Notice

https://www.nytimes.com/2025/07/09/business/youth-sports-private-equity.html
1•whack•17m ago•0 comments

Show HN: FFmpeg in plain English – LLM-assisted FFmpeg in the browser

https://vidmix.app/ffmpeg-in-plain-english/
2•bjano•19m ago•0 comments

Vibe Busters – Your AI-Generated Codebase Is Haunted

https://vibebusters.com/
2•gregsadetsky•20m ago•0 comments

Gcloud run compose up – cloud run straight from compose.yaml

https://cloud.google.com/blog/products/serverless/cloud-run-and-docker-collaboration
1•pploug•22m ago•0 comments

Show HN: Typegres – I made every Postgres function type-safe in TypeScript

https://typegres.com/
1•ryanrasti•24m ago•1 comments

Why the World Needs More People, According to These Experts

https://time.com/7299524/birth-rate-after-the-spike-depopulation-interview/
1•amichail•25m ago•1 comments