2nd International Conference on Liberalization and Modernization of Power Systems, Irkutsk (Russia). 11-14 August 2003
Summary:
Deregulated electricity markets are very often oligopolistic ones. Transmission constraints can significatively increase generators market power. Given the peculiar characteristics of electricity markets, new tools are required to quantify the generators market power. This paper presents such a tool, based on Cournot-like network analysis. The theoretical basis of the method as well as a study case are included.
Keywords: Power system economics, Interconnected power systems.
Publication date: 2003-08-11.
Citation:
J. Barquín, M. Vázquez, Cournot equilibrium computation on electricity networks, 2nd International Conference on Liberalization and Modernization of Power Systems, Irkutsk (Russia). 11-14 August 2003.
