Title :
New Indices of Market Power in Transmission-Constrained Electricity Markets
Author :
Lee, Yen-Yu ; Hur, Jin ; Baldick, Ross ; Pineda, Salvador
Author_Institution :
Dept. of Electr. & Comput. Eng., Univ. of Texas at Austin, Austin, TX, USA
fDate :
5/1/2011 12:00:00 AM
Abstract :
In this paper, we introduce four new indices of market power in transmission-constrained electricity markets that are based on economic principles together with faithful representation of the effects of Kirchhoff´s laws.
Keywords :
power markets; transmission networks; Kirchhoff laws; economic principles; market power; transmission-constrained electricity markets; Context; Economics; Electricity supply industry; Forward contracts; Generators; Indexes; Production; Electricity markets; market power; transmission constraints;
Journal_Title :
Power Systems, IEEE Transactions on
DOI :
10.1109/TPWRS.2010.2060738
