DocumentCode
18638
Title
Effect of Network Congestions Between Areas on Single-Price Electricity Markets
Author
Delgadillo, Andres ; Reneses, Javier ; Barquin, Julian
Author_Institution
Inst. de Investig. Tecnol. (IIT), Univ. Pontificia Comillas, Madrid, Spain
Volume
28
Issue
1
fYear
2013
fDate
Feb. 2013
Firstpage
93
Lastpage
101
Abstract
This paper presents a conjectural-variation-based equilibrium model of a single-price electricity market. The distinctive modeling feature introduced in this paper is the formalization of the equilibrium equations taking into account the effect of congestion between areas on generators´ behavior. The results show that, when there is a congestion between two areas, generators valued differently the production of each area, giving more importance to the importing area.
Keywords
power markets; pricing; conjectural-variation-based equilibrium model; equilibrium equations; network congestion effect; single-price electricity markets; Analytical models; Companies; Electricity supply industry; Equations; Mathematical model; Numerical models; Production; Conjectural variation; market equilibrium; network constraints; single-price electricity markets;
fLanguage
English
Journal_Title
Power Systems, IEEE Transactions on
Publisher
ieee
ISSN
0885-8950
Type
jour
DOI
10.1109/TPWRS.2012.2198079
Filename
6217293
Link To Document