Long-Term Market Equilibrium Model With Strategic, Competitive, and Inflexible Generation

被引:20
作者
MacCormack, J. [1 ]
Zareipour, H. [1 ]
Rosehart, W. D. [1 ]
机构
[1] Univ Calgary, Dept Elect & Comp Engn, Calgary, AB T2N 1N4, Canada
基金
加拿大自然科学与工程研究理事会;
关键词
Electricity markets; electricity prices; emissions; equilibrium modeling; reliability of supply;
D O I
10.1109/TPWRS.2012.2193490
中图分类号
TM [电工技术]; TN [电子技术、通信技术];
学科分类号
0808 ; 0809 ;
摘要
A general model of long-term equilibrium in energy only electricity markets that allows for generation additions and retirements is developed. The model is then applied with different assumptions regarding generator behaviors. The distribution of electricity prices, reliability of supply, and overall CO2 emissions at equilibrium are analytically found for fully competitive markets with and without inflexible generation. A method to determine long-term equilibrium in markets with a mix of competitive and inflexible generators and a strategic supplier is proposed and illustrated.
引用
收藏
页码:2291 / 2292
页数:2
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