IEEE Power & Energy Society General Meeting - IEEE PES GM 2013, Vancouver (Canada). 21-25 July 2013
Summary:
This paper presents a conjectural-variation-based equilibrium model of a single-price electricity market. The distinctive modeling feature introduced in this paper is the formalization of the equilibrium equations taking into account the effect of congestion between areas on generators’ behavior. The results show that, when there is a congestion between two areas, generators valued differently the production of each area, giving more importance to the importing area.
Keywords: Conjectural variation, market equilibrium, network constraints, single-price electricity markets
DOI: 
https://doi.org/10.1109/PESMG.2013.6672299
Published in IEEE PES GM 2013, pp: 1-1, ISBN: 978-1-4799-1303-9
Publication date: 2013-07-21.
Citation:
A.R. Delgadillo, J. Reneses, J. Barquín, Effect of network congestions between areas on single-price electricity markets, IEEE Power & Energy Society General Meeting - IEEE PES GM 2013, Vancouver (Canada). 21-25 July 2013. In: IEEE PES GM 2013: Conference proceedings, e-ISBN: 978-1-4799-1303-9
