A Model and Simulation of Competitive Electric Power Systems

نویسندگان

  • Martin W. Lin
  • Ross Baldick
  • Martin L. Baughman
چکیده

A framework for analyzing competitive electric power systems has been developed. A model and simulation based upon the framework, as well as applications and extensions, are presented. The applications include an analysis of the potential gains from trade of a large-scale synchronous interconnection between the Electric Reliability Council of Texas (ERCOT) and the Southwest Power Pool and a study on market concentration in ERCOT. Extensions to simulate strategic behavior and to compare bilateral and centrally dispatched markets are also discussed. The model and simulation, collectively referred to as the Generalized Competitive Electric Power System Model (GCEPSM), incorporate object classes to represent basic market players and functions and allows for user specification of market parameters and structures.

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تاریخ انتشار 2002