Title :
Computing the Electricity Market Equilibrium: Uses of market equilibrium models
Author_Institution :
Dept. of Electr. & Comput. Eng., Texas Univ., Austin, TX
fDate :
Oct. 29 2006-Nov. 1 2006
Abstract :
In this paper we consider the formulation and uses of electricity market equilibrium models and offer an assessment of where these models are useful, where they are not, and the prospects for improving them. The focus will be on models of United States markets and the England and Wales market
Keywords :
power markets; England; United States; Wales; electricity market equilibrium model; Character generation; Cost function; Electricity supply industry; Nash equilibrium; Power engineering and energy; Power generation; Power generation economics; Power system economics; Power system modeling; Regulators;
Conference_Titel :
Power Systems Conference and Exposition, 2006. PSCE '06. 2006 IEEE PES
Conference_Location :
Atlanta, GA
Print_ISBN :
1-4244-0177-1
Electronic_ISBN :
1-4244-0178-X
DOI :
10.1109/PSCE.2006.296251
