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36th Annual Hawaii International Conference on System Sciences (HICSS'03) - Track 2
Big Island, Hawaii
January 06-January 09
ISBN: 0-7695-1874-5
| ASCII Text | x | ||
| Fernando L. Alvarado, "Is System Control Entirely by Price Feasible?," 2013 46th Hawaii International Conference on System Sciences, vol. 2, pp. 53b, 36th Annual Hawaii International Conference on System Sciences (HICSS'03) - Track 2, 2003. | |||
| BibTex | x | ||
| @article{ 10.1109/HICSS.2003.1173861, author = {Fernando L. Alvarado}, title = {Is System Control Entirely by Price Feasible?}, journal ={2013 46th Hawaii International Conference on System Sciences}, volume = {2}, year = {2003}, isbn = {0-7695-1874-5}, pages = {53b}, doi = {http://doi.ieeecomputersociety.org/10.1109/HICSS.2003.1173861}, publisher = {IEEE Computer Society}, address = {Los Alamitos, CA, USA}, } | |||
| RefWorks Procite/RefMan/Endnote | x | ||
| TY - CONF JO - 2013 46th Hawaii International Conference on System Sciences TI - Is System Control Entirely by Price Feasible? SN - 0-7695-1874-5 SP EP A1 - Fernando L. Alvarado, PY - 2003 KW - Power system control KW - pricing KW - market design VL - 2 JA - 2013 46th Hawaii International Conference on System Sciences ER - | |||
This paper revisits the possibility of controlling the power system entirely by means of price signals. It expands on notions introduced in an earlier paper and addresses several unresolved issues: problems with linear cost structures, response delays, varying costs, market power, and stability problems caused by market/system interactions. The results suggest that control by price can, in fact, be made to work with some caveats.
Index Terms:
Power system control, pricing, market design
Citation:
Fernando L. Alvarado, "Is System Control Entirely by Price Feasible?," hicss, vol. 2, pp.53b, 36th Annual Hawaii International Conference on System Sciences (HICSS'03) - Track 2, 2003
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