Title :
Congestion analysis and participants´ behaviour in a pool market
Author :
Stamtsis, G.C. ; Erlich, I.
Author_Institution :
Inst. of Power Syst., Univ. of Duisburg-Essen, Duisburg, Germany
Abstract :
In the liberalised environment of modern electricity markets one of the most important tasks of the independent system operator is to carry out a congestion management efficiently. An estimation of the contribution of market participants to the congestion component of nodal prices is presented. Furthermore, a study of the producers´ and consumers´ bid behaviours is also provided. This study is based on a nodal price analysis and the use of distribution factors. Simulation results are presented for the IEEE 14-bus system and also a realistic high voltage network.
Keywords :
management; power markets; power system economics; power transmission; pricing; IEEE 14-bus system; congestion analysis; distribution factors; electricity markets; high voltage network; independent system operator; market participants; nodal price analysis; nodal prices; participants´ behaviour; pool market;
Journal_Title :
Generation, Transmission and Distribution, IEE Proceedings-
DOI :
10.1049/ip-gtd:20030946