Discovering price-load relationships in California's electricity market.

Discovering price-load relationships in California's electricity market.

This paper reports on characterizing price behavior in the California electricity market. Market participants, that is, producers, consumers and traders, are highly motivated by the potential for profits to develop strategies to explore, and exploit, the limits of system operation. These strategies...

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Bibliographic Details
Published in:IEEE Transactions on power systems 16, 2 (2001).
Main Author: Vucetic, S.
Format: Article
Language:English
Subjects:
California electricity market.
Deregulation.
Power consumers.
Power producers.
Power system performance.
Power traders.
Price prediction.
Price time series.
Price-load relationships.
Switching dynamics.
System operation limits.