Do Wind Power Producers have Market Power and Exercise It?

被引:0
|
作者
Yu, Yang [1 ]
Zhang, Baosen [1 ]
Rajagopal, Ram [1 ]
机构
[1] Stanford Univ, Stanford, CA 94305 USA
关键词
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 most electricity markets, wind power producers can participant in real-time markets without the need of being committed in the day-ahead. This setup could potentially lead to market power of these producers as the penetration of wind increases. In this paper, we developed a theoretical framework to measure the ability and willingness of wind power producers in manipulating the market price. Through a case study of the ERCOT control area, we demonstrate these producers do posses market power even at relatively low penetrations.
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页数:5
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