PWP - 062 Transmission Rights and Market Power
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چکیده
منابع مشابه
Reactive Power Pricing Simultaneous Using Spot and Bilateral Market Models Considering Opportunity Cost
Reactive power as a utility of ancillary service in restructured environment is supplied by Independent System Operator (ISO). Due to the particular importance of optimal pricing strategy in the power market, the study aims to investigate this problem more closely. To this end, first the problems of restructuring, reactive power generation and its associated costs thereof were reviewed and diff...
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Congestion Risk Management is one of the most important subjects of Transmission management in deregulated power system and world electricity market, especially markets of zonal or local pricing in which Firm Transmission Rights (in other words Financial Transmission Rights) are the main elements. In this study, considering subjects of Financial Rights of Transmission Congestion, methods of opt...
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It is essential to enact restrictive laws and impose penalties for private sector participants when they play an important role in different sectors of production and trading of commodities. These laws and penalties reduce antitrust activities and protect participants against illegal activities. Therefore, the study and recognition of legal and economic issues related to the competition in diff...
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Nodal prices, congestion revenues, transmission capacity rights, and compensation for wire ownership are key concepts used to formulate claims about proposals to organize competitive and open transmission access. Underlying those claims are implicit assertions (folk theorems) concerning the regulation of transmission access, the determination of power ows, properties of economic dispatch, and t...
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Unlike perfect competitive markets, in oligopoly electricity markets due to strategic producers and transmission constraints GenCos may increase their own profit through strategic biddings. This paper investigates the problem of developing optimal bidding strategies of GenCos considering participants’ market power and transmission constraints. The problem is modeled as a bi-level optimizati...
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