Exercise of Market Power on Ramp Rate in Wind-Integrated Power Systems

Moiseeva, Ekaterina; Hesamzadeh, Mohammad Reza; Biggar, Darryl R.

doi:10.1109/tpwrs.2014.2356255

Cited by 77 publications

(41 citation statements)

References 24 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…A disadvantage of the analytical approach is that finding the bounds on the variables becomes hard for large optimization problems. Alternatively, [56] and [57] rely on simulation techniques to find suitably large constants for their problems. In simulation techniques, these constants are varied over different ranges until the solution values are stable.…”

Section: A Determination Of Constant Mmentioning

confidence: 99%

Sequential Coordination of Transmission Expansion Planning With Strategic Generation Investments

Tohidi

Hesamzadeh

Regairaz

2017

IEEE Trans. Power Syst.

Self Cite

View full text Add to dashboard Cite

Abstract-This paper proposes mathematical models for sequential coordination of transmission expansion planning with strategic generation investments. The proactive and reactive coordinations are modeled and studied. The interaction between transmission company (Transco) and strategic generation companies (Gencos) is modeled using the sequential-move game. This is while the interaction between the strategic Gencos is modeled as a simultaneous-move game. In the proactive coordination, the Transco expands its future transmission capacities taking into account the strategic investments by Gencos. In the reactive coordination, strategic Gencos move first and expand their future generation capacities and then Transco expands the transmission capacity. The proactive coordination is modeled as a mixedinteger bilevel linear program (MIBLP) and the reactive coordination is modeled as a mixed-integer linear program (MILP). The MIBLP has binary variables in both upper and lower levels. The Moore-Bard algorithm is parallelized and used to solve the MIBLP. The mathematical models and the parallelized MooreBard algorithm are tested on 3-bus and 6-bus example systems and the modified IEEE-RTS96. Also, the IEEE 118-bus test system is studied using a heuristic version of the Moore-Bard algorithm.

show abstract

Section: A Determination Of Constant Mmentioning

confidence: 99%

Sequential Coordination of Transmission Expansion Planning With Strategic Generation Investments

Tohidi

Hesamzadeh

Regairaz

2017

IEEE Trans. Power Syst.

Self Cite

View full text Add to dashboard Cite

show abstract

“…In certain situations companies can manipulate their bid on ramp-rate in order to maintain the production at a profit-maximizing level. The issue is explained in details in "Exercise of Market Power on Ramp Rate in Wind-Integrated Power Systems" (Moiseeva et al, 2014). 1) The summary of the most popular analytical methods and indices applied to the detection of Market Power.…”

Section: A) Withholdingmentioning

confidence: 99%

“…The detection method proposed in paper "Exercise of Market Power on Ramp Rate in Wind-Integrated Power Systems" is the full system gametheoretic modelling. However, this method requires the availability of the data to the system operator and precise modeling of the whole system in every point in time, which can be computationally problematic (Moiseeva et al, 2014).…”

Section: (See Appendix A)mentioning

confidence: 99%

Overview of Electricity Market Monitoring

Pinczyński

Kasperowicz

2016

Economics &Amp; Sociology

View full text Add to dashboard Cite

ABSTRACT. The main goal of this paper is to present various aspects of electricity market monitoring and to focus on the monitoring of economic parameters, placing a special emphasis on market power, market performance and behavioral monitoring. This paper provides a view of the monitoring and its components. It presents available monitoring techniques and further it indicates the need to modify the existing structure or to develop a new structure of the monitoring system based on new indices which could be used by both operator and market participants.

show abstract

“…Hence, the lower-level optimization can be replaced by its KKT conditions. 2 Following [22] and [23], the complementary slackness conditions are replaced by the strong duality condition. This leads to less number of constraints and binary variables in the …nal model.…”

Section: Aximizementioning

confidence: 99%

A Profit-Maximizing Approach for Transmission Expansion Planning Using a Revenue-Cap Incentive Mechanism

2015

Self Cite

View full text Add to dashboard Cite

Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte.

show abstract

Exercise of Market Power on Ramp Rate in Wind-Integrated Power Systems

Cited by 77 publications

References 24 publications

Sequential Coordination of Transmission Expansion Planning With Strategic Generation Investments

Sequential Coordination of Transmission Expansion Planning With Strategic Generation Investments

Overview of Electricity Market Monitoring

A Profit-Maximizing Approach for Transmission Expansion Planning Using a Revenue-Cap Incentive Mechanism

Contact Info

Product

Resources

About