Market power assessment and mitigation in hydrothermal systems

被引:68
作者
Kelman, R [1 ]
Barroso, LAN [1 ]
Pereira, MVF [1 ]
机构
[1] Power Syst Res Inc, BR-22471020 Rio De Janeiro, Brazil
关键词
game theory; hydroelectric-thermal power generation; power generation economics;
D O I
10.1109/59.932268
中图分类号
TM [电工技术]; TN [电子技术、通信技术];
学科分类号
0808 ; 0809 ;
摘要
The objective of this work is to investigate market power issues in bid-based hydrothermal scheduling. Initially, market power is simulated with a single stage Nash-Cournot equilibrium model. Market power assessment for multiple stages is then carried through a stochastic dynamic programming scheme, The decision in each stage and state is the equilibrium of a multi-agent game. Thereafter, mitigation measures, specially bilateral contracts, are investigated. Case studies with data taken from the Brazilian system are presented and discussed.
引用
收藏
页码:354 / 359
页数:6
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