Derivation of A Mathematical Structure for Market-Based Transmission Augmentation in Oligopoly Electricity Markets using Multilevel Programming

被引:0
|
作者
Hesamzadeh, M. R. [1 ]
Biggar, D. [3 ,4 ]
Hosseinzadeh, N. [1 ]
Wolfs, P. J. [2 ]
机构
[1] Swinburne Univ Technol, Melbourne, Vic, Australia
[2] Cent Queensland Univ, Fac Sci & Engn, Rockhampton, Qld 4702, Australia
[3] Australian Compitit & Consumer Comiss, Canberra, ACT, Australia
[4] Australian Energy Regulator, Melbourne, Vic, Australia
关键词
Transmission Augmentation; Oligopoly Electricity Market; Multilevel Programming; POWER;
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
In this paper, we derive and evaluate a new mathematical structure for market-based augmentation of the transmission system. The closed-form mathematical structure can capture both the efficiency benefit and competition benefit of the transmission capacity. The Nash solution concept is employed to model the price-quantity game among GenCos. The multiple Nash equilibria of the game are located through a characterisation of the problem in terms of minima of the R function. The worst Nash equilibrium is used in the mechanism of transmission augmentation. The worst Nash equilibrium is defined as the one which maximises the social cost, total generation cost + total value of lost load. Thorough analysis of a simple three-node network is presented to clearly highlight the mechanism of the derived mathematical structure from different perspectives.
引用
收藏
页码:1581 / +
页数:3
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