Ex-ante analysis of potential impact of transmission switching on market power

Author

Talebazloo, Behnam Fardafshari ; Latify, Mohammad Amin ; Rahimiyan, Morteza

Author_Institution

Dept. of Electr. & Comput. Eng., Isfahan Univ. of Technol., Isfahan, Iran

fYear

2015

fDate

10-14 May 2015

Firstpage

1580

Lastpage

1584

Abstract

Due to crucial role of transmission switching in electricity market operation, market monitoring unit concerns about its potential impact on market power. To this end, this paper develops a simulation tool for ex-ante analysis of potential impact of transmission switching on market power. The simulation tool provides an interval in which a market power index (e.g., Herfindahl-Hirschman Index) may vary during market operation. The lower/upper bound of the interval is obtained by solving a competition boundary problem, which minimizes/maximizes the market power index subject to operational constraints of market clearing problem. The simulation results through the IEEE 14-bus case show the applicability of the developed simulation tool.

Keywords

power markets; transmission networks; competition boundary problem; electricity market operation; ex-ante analysis; market clearing problem; market monitoring unit; market power; market power index; transmission switching; Conferences; Electrical engineering; Iron; electricity market; market; transmission switching;

fLanguage

English

Publisher

ieee

Conference_Titel

Electrical Engineering (ICEE), 2015 23rd Iranian Conference on

Conference_Location

Tehran

Print_ISBN

978-1-4799-1971-0

Type

conf

DOI

10.1109/IranianCEE.2015.7146471

Filename

7146471