Reliability management in competitive electricity markets

被引:32
|
作者
Chao, HP [1 ]
Peck, SC [1 ]
机构
[1] Elect Power Res Inst, Palo Alto, CA 94303 USA
关键词
D O I
10.1023/A:1008061319181
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper examines market design issues for reliability management in competitive power markets. The institutional structure is characterized by a power exchange that conducts electricity market trading, a system operator that operates the electric power system, and a property right system for transimission pricing. In a competitive market, priority insurance fosters market information for determining efficient system reliability levels and induces system operator to maintain system security efficiently. A six-node network example is examined to illustrate the basic insights.
引用
收藏
页码:189 / 200
页数:12
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