Title :
Modelling issues of the Brazilian market design
Author :
Mendes, Dilcemar P. ; Santana, Edvaldo A. ; Camargo, Ivan M T ; Andrade, Cynthia S. ; Nunes, Hugo R A
Author_Institution :
ANEEL, Brasilia, Brazil
Abstract :
The purpose of this paper is to contribute to the discussion over system and market operation issues in the context of the Brazilian electricity market. The paper presents a brief overview of the Brazilian market design and discusses some emerging challenges of the industry. It is focused on aspects regarding the merger of sub-markets. Issues like locational price signals, market power, economic efficiency and management of transmission constraints are revisited to assess the effects of the merger for final consumers. Case studies have been performed and the results are discussed.
Keywords :
power markets; power system simulation; power transmission economics; Brazilian electricity market; Brazilian market design; economic efficiency; electricity industry; locational price signals; market operation issues; market power; submarkets merger; transmission constraints management; Corporate acquisitions; Electricity supply industry; Energy consumption; IEEE members; Industrial power systems; Job shop scheduling; Monopoly; Power generation economics; Power system economics; Power system modeling;
Conference_Titel :
Power Engineering Society General Meeting, 2003, IEEE
Print_ISBN :
0-7803-7989-6
DOI :
10.1109/PES.2003.1267218
