Determination of Transmission Capacity For a Two-Node Market

被引:4
作者
Daylova, Ekaterina [1 ]
Vasin, Alexander [1 ]
机构
[1] Moscow MV Lomonosov State Univ, Moscow 119991, Russia
来源
2ND INTERNATIONAL CONFERENCE ON INFORMATION TECHNOLOGY AND QUANTITATIVE MANAGEMENT, ITQM 2014 | 2014年 / 31卷
关键词
Homogeneous good market; transmission line; consumer surplus; total welfare;
D O I
10.1016/j.procs.2014.05.255
中图分类号
TP39 [计算机的应用];
学科分类号
081203 ; 0835 ;
摘要
We examine a two-node competitive market, taking into account the losses under transmission and the costs of transmission line construction. We state a welfare maximization problem and show how to solve it. Moreover, we analyze how the flow of good between markets affects the benefit of transmission system, consumer surplus and producers' profit. We also consider a two-node market under imperfect competition and study the Cournot equilibrium depending on the transmission capacity. (C) 2014 Published by Elsevier B.V.
引用
收藏
页码:151 / 157
页数:7
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