LREMS: a long term electricity market simulator based on game theory

被引:8
|
作者
Migliavacca, G. [1 ]
Benini, M. [1 ]
Gallanti, M. [1 ]
Bompard, E. [2 ]
Carpaneto, E. [2 ]
Ciwei, G. [2 ]
机构
[1] CESI Ric SpA, Via Rubattino 54, I-20134 Milan, Italy
[2] Polytech Univ Torino, Dept Elect Engn, Turin, Italy
关键词
electricity markets; strategic bidding; long run simulator; game theory;
D O I
10.1109/PSCE.2006.296498
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
This paper outlines the main features of LREMS, an electricity market simulator based on game theory allowing to simulate the long run evolution of a generation set (investment in new plants, refurbishment or dismission of older ones). LREMS is a hierarchic simulator: a long term "outer" game takes yearly investment decisions based on mid-term price projections provided by an "inner" medium run market simulator. The latter, also based on game theory, calculates the hourly market clearing over a yearly time horizon taking into account the strategic bidding of the market leaders while optimally allocating the hydro resources within each month. A third game is devoted to calculate periodically the unit commitment of the thermal units. An application of LREMS studying the evolution of the Italian electricity market in the next twenty years is also presented.
引用
收藏
页码:1333 / +
页数:3
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