• DocumentCode
    3058914
  • Title

    Simulation of congestion management methods

  • Author

    Lommerdal, M. ; Söder, L.

  • Author_Institution
    Dept. of Electr. Eng., Royal Inst.of Technol., Stockholm, Sweden
  • Volume
    2
  • fYear
    2003
  • fDate
    23-26 June 2003
  • Abstract
    This article describes an approach for modeling different types of congestion management methods. A basic price calculation method and a new congestion management identification method are described. Case studies have been simulated, comparing counter trading and implicit auctioning. The focus is on what economic impact of these methods on the behavior of various actors in a reregulated power market. The results are compared and discussed.
  • Keywords
    power markets; power system economics; power system interconnection; power system simulation; pricing; congestion management identification method; congestion management methods; counter trading; economic impact; implicit auctioning; interconnected power systems; price calculation method; re-regulated power market; Electricity supply industry; Knowledge engineering; Power engineering and energy; Power generation economics; Power markets; Power system interconnection; Power system management; Power system simulation; Power systems; Systems engineering and theory;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Power Tech Conference Proceedings, 2003 IEEE Bologna
  • Print_ISBN
    0-7803-7967-5
  • Type

    conf

  • DOI
    10.1109/PTC.2003.1304283
  • Filename
    1304283