• DocumentCode
    647767
  • Title

    Effect of network congestions between areas on single-price electricity markets

  • Author

    Delgadillo Vega, Andres ; Reneses, Javier ; Barquin, Julian

  • Author_Institution
    Inst. for Res. in Technol., Univ. Pontificia Comillas, Madrid, Spain
  • fYear
    2013
  • fDate
    21-25 July 2013
  • Firstpage
    1
  • Lastpage
    1
  • Abstract
    This paper presents a conjectural-variation-based equilibrium model of a single-price electricity market. The distinctive modeling feature introduced in this paper is the formalization of the equilibrium equations taking into account the effect of congestion between areas on generators´ behavior. The results show that, when there is a congestion between two areas, generators valued differently the production of each area, giving more importance to the importing area.
  • Keywords
    power markets; pricing; conjectural-variation-based equilibrium model; equilibrium equation formalization; generator behavior; network congestion; single price electricity market; Educational institutions; Electricity supply industry; Equations; Generators; Mathematical model; Production;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Power and Energy Society General Meeting (PES), 2013 IEEE
  • Conference_Location
    Vancouver, BC
  • ISSN
    1944-9925
  • Type

    conf

  • DOI
    10.1109/PESMG.2013.6672299
  • Filename
    6672299