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| Content Provider | IEEE Xplore Digital Library |
|---|---|
| Author | Yang Yu Baosen Zhang Rajagopal, R. |
| Copyright Year | 2014 |
| Description | Author affiliation: CEE, Stanford Univ., Stanford, CA, USA (Rajagopal, R.) || ECON, Stanford Univ., Stanford, CA, USA (Yang Yu) || MS&E, Stanford Univ., Stanford, CA, USA (Baosen Zhang) |
| Abstract | In most electricity markets, wind power producers can participant in real-time markets without the need of being committed in the day-ahead. This setup could potentially lead to market power of these producers as the penetration of wind increases. In this paper, we developed a theoretical framework to measure the ability and willingness of wind power producers in manipulating the market price. Through a case study of the ERCOT control area, we demonstrate these producers do posses market power even at relatively low penetrations. |
| Starting Page | 1 |
| Ending Page | 5 |
| File Size | 448483 |
| Page Count | 5 |
| File Format | |
| ISBN | 9781479964154 |
| DOI | 10.1109/PESGM.2014.6939858 |
| Language | English |
| Publisher | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
| Publisher Date | 2014-07-27 |
| Publisher Place | USA |
| Access Restriction | Subscribed |
| Rights Holder | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
| Subject Keyword | Generators Wind power generation Real-time systems Equations Electricity supply industry Electricity Aggregates |
| Content Type | Text |
| Resource Type | Article |
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