This paper presents a conjectural-variation-based equilibrium model of a single-price electricity market. The distinctive modeling feature introduced in this paper is the formalization of the equilibrium equations taking into account the effect of congestion between areas on generators’ behavior. The results show that, when there is a congestion between two areas, generators valued differently the production of each area, giving more importance to the importing area.
Palabras Clave: Conjectural variation, market equilibrium, network constraints, single-price electricity markets
Índice de impacto JCR y cuartil WoS: 3.530 - Q1 (2013); 6.074 - Q1 (2019)
Referencia DOI: 10.1109/TPWRS.2012.2198079
Publicado en papel: Febrero 2013.
A.R. Delgadillo, J. D. Jenkins, J. Reneses, I.J. Pérez-Arriaga, J. Barquín. Effect of network congestions between areas on single-price electricity markets. IEEE Transactions on Power Systems. Vol. 28, nº. 1, pp. 93 - 101 Febrero 2013.