Please use this identifier to cite or link to this item: http://hdl.handle.net/11531/9731
Title: Market power issues in bid-based hydrothermal dispatch
Authors: Nobrega Barroso, Luiz Augusto
Fampa, Márcia Helena C.
Kelman, Rafael
Veiga Pereira, Mario
Lino, Priscila Rochinha
Issue Date:  1
Abstract: 
The objective of this work is to investigate market power issues in bid-based hydrothermal scheduling. Initially, market power was simulated with a single stage Cournot-Nash equilibrium model. In this static model the equilibrium was calculated analytically. It was shown that the total production of N strategic agents is smaller than the least-cost solution by a factor of (N/(N+1)). Market power analysis for multiple stages was then carried through a stochastic dynamic programming scheme, where the decision in each stage and state is the Cournot-Nash equilibrium of a multi-agent game. Case studies with data taken from the Brazilian system are presented.
Description: Artículos en revistas
URI: http://hdl.handle.net/11531/9731
ISSN: 0254-5330
Appears in Collections:Artículos

Files in This Item:
File Description SizeFormat 
IIT-02-104A.pdf600,57 kBAdobe PDFView/Open    Request a copy


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.