Linear complementarity models of Nash-Cournot competition in bilateral and POOLCO power markets.

Linear complementarity models of Nash-Cournot competition in bilateral and POOLCO power markets.

Two Cournot models of imperfect competition among electricity producers are formulated as mixed linear complementarity problems (LCPs), and a simple example is presented to illustrate their application. The two models simulate bilateral markets. The models include a congestion pricing scheme for tra...

Täydet tiedot

Bibliografiset tiedot
Julkaisussa:IEEE Transactions on power systems 16, 2 (2001).
Päätekijä: Hobbs, B.E
Aineistotyyppi: Artikkeli
Kieli:English
Aiheet:
DC approximation.
Kirchhoff's laws.
Nash-Cournot competition.
POOLCO power markets.
Bilateral power markets.
Congestion pricing scheme.
Electricity producers.
Imperfect competition.
Linear complementarity models.
Mixed linear complementarity problems.
Transmission pricing.