DocumentCode
1766677
Title
On the Properties of Nodal Price Response Matrix in Electricity Markets
Author
Borokhov, Vadim
Author_Institution
En+ Dev., Moscow, Russia
Volume
30
Issue
6
fYear
2015
fDate
Nov. 2015
Firstpage
3286
Lastpage
3294
Abstract
We establish sufficient conditions for nodal price response matrix in electric power system to be symmetric and negative (semi-)definite. The results are applicable for electricity markets with nonlinear and intertemporal constraints.
Keywords
matrix algebra; power markets; power system economics; pricing; electric power system; electricity markets; intertemporal constraints; nodal price response matrix; nonlinear constraints; Cost function; Power markets; Power system economics; Pricing; Electricity market; nodal pricing; power system economics; price response; residual demand;
fLanguage
English
Journal_Title
Power Systems, IEEE Transactions on
Publisher
ieee
ISSN
0885-8950
Type
jour
DOI
10.1109/TPWRS.2014.2376494
Filename
6994282
Link To Document