Title :
Combination of two methods for congestion management
Author :
Lommerdal, M. ; Söder, L.
Author_Institution :
Dept. of Electr. Eng., R. Inst. of Technol., Stockholm, Sweden
Abstract :
This article describes an approach for modeling a combination of two congestion management methods. A method has been developed to study the effects on increased market trading capacity from counter trading in markets that combine market splitting and counter trading. Case studies have been simulated, and the result has been analyzed. The focus is on what economic impact these methods have on the behavior of various actors in a re-regulated power market.
Keywords :
power markets; pricing; risk management; congestion management; market trading capacity; power market; Analytical models; Contracts; Coordinate measuring machines; Counting circuits; Energy management; Power generation economics; Power markets; Power system interconnection; Power system management; Power system simulation;
Conference_Titel :
Electric Utility Deregulation, Restructuring and Power Technologies, 2004. (DRPT 2004). Proceedings of the 2004 IEEE International Conference on
Print_ISBN :
0-7803-8237-4
DOI :
10.1109/DRPT.2004.1338482
