This paper studies ΓΏnancial transmission rights in electricity pool markets with nodal pricing. We prove that simultaneous feasibility entails revenue adequacy in a general framework of convex optimization, and show by counterexample as to how this result might fail in the absence of convexity.
Transmission Rights and Market Power
β Scribed by James Bushnell
- Publisher
- Elsevier Science
- Year
- 1999
- Tongue
- English
- Weight
- 210 KB
- Volume
- 12
- Category
- Article
- ISSN
- 1040-6190
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