DocumentCode
3308323
Title
Computing the Electricity Market Equilibrium: Uses of market equilibrium models
Author
Baldick, Ross
Author_Institution
Dept. of Electr. & Comput. Eng., Texas Univ., Austin, TX
fYear
2006
fDate
Oct. 29 2006-Nov. 1 2006
Firstpage
66
Lastpage
73
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;
fLanguage
English
Publisher
ieee
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
Type
conf
DOI
10.1109/PSCE.2006.296251
Filename
4075720
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