Research on Pricing Mechanism Pattern for China Electric Power Market
نویسندگان
چکیده
منابع مشابه
Pricing for Electric Power
We propose a priority-pricing scheme for zonal access to the electric power grid that is uniform across all buses in each zone. The Independent System Operator (ISO) charges bulk power traders a per unit ex-ante transmission access fee based on the expected option value of the generated power with respect to the random zonal spot prices. The zonal access fee depends on the injection zone and a ...
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Continuing previous research on market power issues in electricity markets [2], we report new experiments which compare the sealed bid offer (SBO) market mechanism, studied in [2], with a uniform price double auction mechanism (UPDA) that updates nodal prices and allocations continuously as new bids and offers arrive in real time down to the close when the market is “called” and all standing ac...
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We propose a priority-pricing scheme for zonal access to the electric power grid that is uniform across all buses in each zone. The Independent System Operator (ISO) charges bulk power traders a per unit ex-ante transmission access fee based on the expected option value of the generated power with respect to the random zonal spot prices. The zonal access fee depends on the injection zone and a ...
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This paper describes methods for determining the prices for a discrete set of interrelated products oflered by a single supplier. Each product has a fixed marginal rate per unit, the demand for each product depends upon the price levels of all the products and the supplier’s cost function depends upon the demands for all the products. For spec$c demand function forms, methods are described for ...
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This paper proposes an index for nodal market power detection in power market under locational marginal pricing (LMP). This index is an ex-ante technique to detect the market power. More precisely, this criterion detects the potential of exercising market power regardless of detecting the actual market power. Also it is obvious that pricing and market clearing method affect the potential of exe...
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ژورنال
عنوان ژورنال: International Journal of Business and Management
سال: 2009
ISSN: 1833-8119,1833-3850
DOI: 10.5539/ijbm.v3n2p54