Title :
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
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;
Conference_Titel :
Electrical Engineering (ICEE), 2015 23rd Iranian Conference on
Conference_Location :
Tehran
Print_ISBN :
978-1-4799-1971-0
DOI :
10.1109/IranianCEE.2015.7146471
