• DocumentCode
    35388
  • Title

    Generation Investment Equilibria With Strategic Producers—Part II: Case Studies

  • Author

    Kazempour, S. Jalal ; Conejo, Antonio J. ; Ruiz, Carlos

  • Author_Institution
    Univ. Castilla-La Mancha, Ciudad Real, Spain
  • Volume
    28
  • Issue
    3
  • fYear
    2013
  • fDate
    Aug. 2013
  • Firstpage
    2623
  • Lastpage
    2631
  • Abstract
    This paper analyzes numerically the approach reported in the companion paper for identifying generation investment equilibria in an electricity market where the producers behave strategically. To this end, a two-node illustrative example and a large-scale case study based on the IEEE reliability test system (RTS) are examined and the results obtained are reported and discussed.
  • Keywords
    electricity supply industry; investment; power generation economics; power markets; power system reliability; IEEE reliability test system; electricity market; generation investment equilibria; large-scale case study; strategic producer; Buildings; Computer aided software engineering; Investments; Monopoly; Power transmission lines; Production; Security; Bilevel model; equilibrium problem with equilibrium constraints (EPEC); generation investment equilibria; mathematical program with equilibrium constraints (MPEC); strategic producer;
  • fLanguage
    English
  • Journal_Title
    Power Systems, IEEE Transactions on
  • Publisher
    ieee
  • ISSN
    0885-8950
  • Type

    jour

  • DOI
    10.1109/TPWRS.2012.2235468
  • Filename
    6423856