𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Modeling regional electric power markets and market power

✍ Scribed by Robert F. Cope III; David E. Dismukes; Rachelle F. Cope

Publisher
John Wiley and Sons
Year
2001
Tongue
English
Weight
762 KB
Volume
22
Category
Article
ISSN
0143-6570

No coin nor oath required. For personal study only.

✦ Synopsis

Abstract

This paper develops a nonlinear, mathematical programming model for estimating production decisions in an open access, regional power market. Our approach allows one to estimate competitive power market equilibrium prices, which in turn offers empirical conclusions about marginal generation facilities, transmission interconnection congestion, and most importantly, load pockets and market power. Sensitivity analyses are conducted by subjecting the model to changes in production costs, peak hour demand, power imports, and transmission interconnection price assumptions. We then consider the issue of a firm's ability to exercise market power and the implications it may have on regional equilibrium power prices. The Louisiana power market is used as a case study for our work. Copyright Β© 2001 John Wiley & Sons, Ltd.

πŸ“œ SIMILAR VOLUMES

Electric power marketing provides corpor
Electric power marketing provides corporate β€œcross-training”
✍ Danton, Ray πŸ“‚ Article πŸ“… 2007 πŸ› John Wiley and Sons βš– 308 KB

here is a trend in sports and fitness called T "cross-training." Athletes develop skills in a sport other than their primary sport to increase overall performance in the primary sport. Similarly, changes occurring in the energy industries provide opportunities for corporate "cross-training" in energ

Electric power: A new set of markets and
Electric power: A new set of markets and demands
✍ Foley, Cheryl M. πŸ“‚ Article πŸ“… 2008 πŸ› John Wiley and Sons βš– 555 KB

is vice president and general counsel of PSI Energy, a PIainfield, IN rlrctric utility.