DocumentCode
187763
Title
Electricity market equilibrium model with voltage constraints
Author
Delgadillo, Andres ; Reneses, Javier
Author_Institution
ICAI Sch. of Eng., Comillas Pontifical Univ., Madrid, Spain
fYear
2014
fDate
28-30 May 2014
Firstpage
1
Lastpage
4
Abstract
A conjectural-variation-based equilibrium model of a single-price electricity market is used to analyze the effect of voltage constraints on the generators´ strategic behavior. The solution of the model is computed by means of a two-stage optimization procedure. In the first stage, the day-ahead market clearing process is modeled. In the second stage, an AC optimal power flow determines the active and reactive production changes of the generation units in order to meet the technical network constraints.
Keywords
electric generators; load flow; optimisation; power markets; AC optimal power flow; conjectural-variation-based equilibrium model; day-ahead market clearing process; electricity market equilibrium model; generator strategic behavior; single-price electricity market; two-stage optimization procedure; voltage constraints; Companies; Computational modeling; Electricity supply industry; Mathematical model; Production; Reactive power; Voltage constraints; electricity market; equilibrium model;
fLanguage
English
Publisher
ieee
Conference_Titel
European Energy Market (EEM), 2014 11th International Conference on the
Conference_Location
Krakow
Type
conf
DOI
10.1109/EEM.2014.6861208
Filename
6861208
Link To Document