NDLI: Improved Transmission Representations in Oligopolistic Market Models: Quadratic Losses, Phase Shifters, and DC Lines

Content Provider	IEEE Xplore Digital Library
Author	Hobbs, B.F. Drayton, G. Bartholomew Fisher, E. Lise, W.
Copyright Year	1969
Abstract	Practical models of competition among power generators who possess market power have generally had to use simplified models of transmission costs and constraints in order to be tractable. In particular, the linearized DC load flow model has been popular in complementarity and other types of oligopoly models. In this paper, we show how such models can be generalized to include quadratic losses, controllable DC lines, and phase shifting transformers. These generalizations preserve convexity of the feasible region, a property that facilitates computation and proof of solution uniqueness and existence. Piecewise and successive linearization formulations are also provided that allow consideration of nonlinear losses in models that require linear constraints. A simple six-bus example illustrates the application of these generalizations. In that example, the impact of losses on prices is much greater under strategic behavior than under competition. Large-scale applications of these approaches to markets in western North America and the European Union illustrate how inclusion of nonlinear losses and controllable DC lines can affect estimates of prices, flows, and economic efficiency indices resulting from oligopoly models.
Sponsorship	IEEE Power Engineering Society
Starting Page	1018
Ending Page	1029
Page Count	12
File Size	719945
File Format	PDF
ISSN	08858950
Volume Number	23
Issue Number	3
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2008-08-01
Publisher Place	U.S.A.
Access Restriction	One Nation One Subscription (ONOS)
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Propagation losses Phase shifters Oligopoly DC generators Power generation Costs Load flow Load modeling Transformers Large-scale systems power transmission economics Economics optimization methods power generation
Content Type	Text
Resource Type	Article
Subject	Energy Engineering and Power Technology Electrical and Electronic Engineering

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in

Improved Transmission Representations in Oligopolistic Market Models

Optimization of DC Power Flow by Transmission Loss Allocation Method

A novel power flow tracing approach considering power losses

A new method for transmission Loss Allocation method in the deregulated power market

Distributed Optimal generation Dispatch considering transmission losses

Developing DC Transmission Networks Using DC Transformers

Merchant Transmission Expansion Based on Financial Transmission Rights

Optimal Power Flow Based Upon P-Q Decomposition

Fast textured algorithms for optimal power delivery problems in deregulated environments

Improved Transmission Representations in Oligopolistic Market Models: Quadratic Losses, Phase Shifters, and DC Lines

Similar Documents

Improved Transmission Representations in Oligopolistic Market Models

Optimization of DC Power Flow by Transmission Loss Allocation Method

A novel power flow tracing approach considering power losses

A new method for transmission Loss Allocation method in the deregulated power market

Distributed Optimal generation Dispatch considering transmission losses

Developing DC Transmission Networks Using DC Transformers

Merchant Transmission Expansion Based on Financial Transmission Rights

Optimal Power Flow Based Upon P-Q Decomposition

Fast textured algorithms for optimal power delivery problems in deregulated environments

Improved Transmission Representations in Oligopolistic Market Models: Quadratic Losses, Phase Shifters, and DC Lines