Title :
Tracing nodal market power using proportional tree method
Author :
Xiao, Yu ; Wang, Peng
Author_Institution :
Sch. of Electr. & Electron. Eng., Nanyang Technol. Univ., Singapore
Abstract :
Market power has come to power system from economic in conjunction with deregulation. Market power problems are more complicated in an electric market than those in other markets due to the specific properties of electricity. The assessment of market power is an important aspect of electric market analysis and operation. This paper addresses nodal market power in power markets. A proportional tree method (PTM), which is used to determine the contribution of an individual generator to loads, has been applied to determine the nodal-must-run-share (NMRS). The IEEE-RTS is analyzed to illustrate the proposed technique.
Keywords :
IEEE standards; power markets; power transmission economics; trees (mathematics); IEEE-RTS; electric market analysis; electricity property; electricity tracing; generator; nodal market power; nodal-must-run-share; power system deregulation; power system economic; proportional tree method; transmission congestion; Electricity supply industry deregulation; Load flow; Nuclear magnetic resonance; Power generation; Power generation economics; Power markets; Power measurement; Power system analysis computing; Power system economics; Transmission line matrix methods;
Conference_Titel :
Power Systems Conference and Exposition, 2004. IEEE PES
Print_ISBN :
0-7803-8718-X
DOI :
10.1109/PSCE.2004.1397557
