A Unifying Approach to Assessing Market Power in Deregulated Electricity Markets

被引：0
|
作者：
Wu, Chenye [1 ]
Bose, Subhonmesh [2 ]
Wierman, Adam [2 ,3 ]
Mohesenian-Rad, Hamed
机构：
[1] Tsinghua Univ, Beijing, Peoples R China
[2] CALTECH, Pasadena, CA 91125 USA
[3] Univ Calif San Diego, La Jolla, CA 92093 USA
来源：
2013 IEEE POWER AND ENERGY SOCIETY GENERAL MEETING (PES) | 2013年
关键词：
Market power; electricity markets;
D O I：
暂无
中图分类号：
TE [石油、天然气工业]; TK [能源与动力工程];
学科分类号：
0807 ; 0820 ;
摘要：
A competitive deregulated electricity market with increasingly active market players is foreseen to be the future of the electricity industry. In such settings, market power assessment is a primary concern. In this paper, we propose a novel functional approach for measuring long term market power that unifies a variety of popular market power indices. Specifically, the new measure, termed transmission constrained network flow (TCNF), unifies three large classes of market power measures: residual supply based, network flow based, and minimal generation based. Further, TCNF provides valuable information about market power not captured by prior indices. We derive its analytic properties and test its efficacy on IEEE test systems.
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页数：5
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