Proceedings of the 39th Annual Hawaii International Conference on System Sciences (HICSS'06) Track 10 Kauai, Hawaii January 04-January 07 ISBN: 0-7695-2507-5
Market power potential is a serious concern for efficient and competitive operation of centrally-dispatched electricity markets. Traditional measures for market power ignore underlying physical characteristics of the electric grid that may be exploited for local advantage. In our prior work we have proposed a revenue sensitivity-based approach for identifying market participants with market power potential, and we demonstrated detailed cases using a 30-bus system[1] [2] [3]. In this paper we address computational challenges for scaling our method to large systems, and we present practical extensions to a portion of our work that enables the evaluation of very large, RTO-scale electric power grids.
Citation:
Bernard C. Lesieutre, HyungSeon Oh, Robert J. Thomas, Vaibhav Donde, "Identification of Market Power in Large-Scale Electric Energy Markets," hicss, vol. 10, pp.240b, Proceedings of the 39th Annual Hawaii International Conference on System Sciences (HICSS'06) Track 10, 2006 Usage of this product signifies your acceptance of the Terms of Use. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||