• DocumentCode
    874849
  • Title

    Congestion analysis and participants´ behaviour in a pool market

  • Author

    Stamtsis, G.C. ; Erlich, I.

  • Author_Institution
    Inst. of Power Syst., Univ. of Duisburg-Essen, Duisburg, Germany
  • Volume
    151
  • Issue
    1
  • fYear
    2004
  • Firstpage
    127
  • Lastpage
    131
  • Abstract
    In the liberalised environment of modern electricity markets one of the most important tasks of the independent system operator is to carry out a congestion management efficiently. An estimation of the contribution of market participants to the congestion component of nodal prices is presented. Furthermore, a study of the producers´ and consumers´ bid behaviours is also provided. This study is based on a nodal price analysis and the use of distribution factors. Simulation results are presented for the IEEE 14-bus system and also a realistic high voltage network.
  • Keywords
    management; power markets; power system economics; power transmission; pricing; IEEE 14-bus system; congestion analysis; distribution factors; electricity markets; high voltage network; independent system operator; market participants; nodal price analysis; nodal prices; participants´ behaviour; pool market;
  • fLanguage
    English
  • Journal_Title
    Generation, Transmission and Distribution, IEE Proceedings-
  • Publisher
    iet
  • ISSN
    1350-2360
  • Type

    jour

  • DOI
    10.1049/ip-gtd:20030946
  • Filename
    1262775