DocumentCode
1869165
Title
Computation and decomposition of marginal costs for a GENCO in a constrained competitive Cournot equilibrium
Author
Reneses, Javier ; Centeno, Efraim ; Barquín, Julián
Author_Institution
Universidad Pontificia Comillas, Madrid, Spain
Volume
1
fYear
2001
fDate
2001
Abstract
This paper presents a methodology to compute and decompose marginal costs for a generation company (GENCO) in a competitive framework. The methodology is based on a Cournot market equilibrium model. The aim is to provide a useful tool for GENCOs so that they can manage their resources in an optimal way, helping them on their decision making processes, asset valuations or contract assessments
Keywords
electricity supply industry; power generation economics; GENCO; Generation Company; asset valuations; constrained competitive Cournot equilibrium; contract assessments; decision making processes; energy markets; marginal costs decomposition; Asset management; Constraint theory; Contracts; Cost accounting; Cost function; Decision making; Electricity supply industry; Electronic mail; Mathematical model; Resource management;
fLanguage
English
Publisher
ieee
Conference_Titel
Power Tech Proceedings, 2001 IEEE Porto
Conference_Location
Porto
Print_ISBN
0-7803-7139-9
Type
conf
DOI
10.1109/PTC.2001.964616
Filename
964616
Link To Document