Demand response effect on market power with transmission congestion in electricity market

被引:0
作者
Lee K.-H. [1 ]
机构
[1] Dept. of Electrical and Electronic Engineering, Dankook University
关键词
Cournot; Demand response; Electricity market; Market power; Nash equilibrium; Transmission congestion;
D O I
10.5370/KIEE.2017.66.12.1705
中图分类号
学科分类号
摘要
This paper analyzes the impact of DRA (Demand Response Aggregator) on market power when competing with power generation companies (Gencos) in the electricity market. If congestion occurs in the transmission line, the strategic choice of the power generation company increases exercise of market power. DRA's strategic reduction of power load impacts the strategy of Gencos, which in turn affects the outcome of the load reduction. As the strategy of Gencos changes according to the location of the congested transmission line, the impact on the market depends on the relative location of the congested line and the DRA. Copyright © The Korean Institute of Electrical Engineers.
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页码:1705 / 1711
页数:6
相关论文
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