A survey comparing centralized and decentralized electricity markets

被引:34
|
作者
Ahlqvist, Victor [1 ]
Holmberg, Par [2 ,3 ,4 ]
Tangeras, Thomas [2 ,3 ,4 ]
机构
[1] Copenhagen Econ, Stockholm, Sweden
[2] Res Inst Ind Econ IFN, Stockholm, Sweden
[3] Univ Cambridge, Energy Policy Res Grp EPRG, Cambridge, England
[4] Stanford Univ, Program Energy & Sustainable Dev PESD, Stanford, CA USA
基金
英国工程与自然科学研究理事会;
关键词
Wholesale electricity markets; Market clearing; Centralization; Decentralization; Unit-commitment; Self-dispatch; SUPPLY FUNCTION EQUILIBRIUM; MULTIUNIT AUCTIONS; NON-CONVEXITIES; POWER; COMPETITION; EXTERNALITIES; INCENTIVES; COMMITMENT; TRANSITION; DELEGATION;
D O I
10.1016/j.esr.2022.100812
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 surveys the literature relevant for comparing centralized and decentralized wholesale electricity markets. Under a centralized design, producers submit detailed cost data to the system operator the day before delivery, who then decides how much to produce for each generation unit. This differs from the decentralized design, which relies on self-commitment, and where producers send less detailed cost information to the system operator. US markets have converged on the centralized design, whereas the trend goes in the other direction in Europe. The paper discusses advantages and disadvantages of the two approaches and proposes suggestions for improvement of each design.
引用
收藏
页数:14
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