Title :
Generation Investment Equilibria With Strategic Producers—Part II: Case Studies
Author :
Kazempour, S. Jalal ; Conejo, Antonio J. ; Ruiz, Carlos
Author_Institution :
Univ. Castilla-La Mancha, Ciudad Real, Spain
Abstract :
This paper analyzes numerically the approach reported in the companion paper for identifying generation investment equilibria in an electricity market where the producers behave strategically. To this end, a two-node illustrative example and a large-scale case study based on the IEEE reliability test system (RTS) are examined and the results obtained are reported and discussed.
Keywords :
electricity supply industry; investment; power generation economics; power markets; power system reliability; IEEE reliability test system; electricity market; generation investment equilibria; large-scale case study; strategic producer; Buildings; Computer aided software engineering; Investments; Monopoly; Power transmission lines; Production; Security; Bilevel model; equilibrium problem with equilibrium constraints (EPEC); generation investment equilibria; mathematical program with equilibrium constraints (MPEC); strategic producer;
Journal_Title :
Power Systems, IEEE Transactions on
DOI :
10.1109/TPWRS.2012.2235468
