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Content Provider | IEEE Xplore Digital Library |
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Author | Nappu, M.B. Bansal, R.C. |
Copyright Year | 2011 |
Description | Author affiliation: School of Information Technology and Electrical Engineering, The University of Queensland, St. Lucia, 4072 QLD, Australia (Nappu, M.B.; Bansal, R.C.) |
Abstract | An independent system operator must be able to simulate market performance and to identify participants which have potential points to exercise market power with the purpose of guarantee a safe, transparent and fair competition among market participants. This manuscript recognises the impact of bidding strategy taken by prospective generation company within the potential region to be congested. In this paper a composite method for investigating market power under congestion condition is proposed, which employs shift-factor optimal power flow based LMP-lossless scheme. A 24-bus IEEE Reliability Test system (IEEE-RTS) is employed as the case study to investigate some financial implications of market power under congestion circumstances. |
Starting Page | 1 |
Ending Page | 7 |
File Size | 1768135 |
Page Count | 7 |
File Format | |
ISBN | 9781457710001 |
ISSN | 19449925 |
e-ISBN | 9781457710025 |
e-ISBN | 9781457710018 |
DOI | 10.1109/PES.2011.6039867 |
Language | English |
Publisher | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
Publisher Date | 2011-07-24 |
Publisher Place | USA |
Access Restriction | Subscribed |
Rights Holder | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
Subject Keyword | Generators Indexes Load flow Electricity supply industry Production Reliability Monopoly market share competitive electricity market transmission congestion locational marginal prices market power bidding strategy marginal cost optimal power flow |
Content Type | Text |
Resource Type | Article |
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