Assessment of Market Power in Deregulated
Electricity Market with Congestion
J. Kumar, and D. Kumar. International Journal on Electrical and Power Engineering, 2 (1):
5(February 2011)
Abstract
Restructuring of electrical market worldwide has
brought the issue of market competition to the forefront. This
new perspective has given rise to competition with the goal of
price fall and technological innovation in the sector. In the last
few years a great deal of attention is given to the possibility of
a group of producers agents exercising market power by means
of congestion effects. The possibility of two agents acting in a
combined way on the Transmission System affecting the
accessibility by the others to a specific Market is analyzed. This
paper describes an algorithm used to detect measure and
evaluate the impact of these kinds of strategic actions on market
concentration. The results obtained from the study using 9 bus
example network shows that this kind of actions can affect
strongly market share and must be predicted by the Independent
System Operator ISO.
%0 Journal Article
%1 kumar2011assessment
%A Kumar, J. Vijaya
%A Kumar, D.M.Vinod
%D 2011
%E Das, Dr Vinu V
%J International Journal on Electrical and Power Engineering
%K Electricity_market Market_concentration Market_power PTDF SIC
%N 1
%P 5
%T Assessment of Market Power in Deregulated
Electricity Market with Congestion
%U http://doi.searchdl.org/01.IJEPE.2.1.61
%V 2
%X Restructuring of electrical market worldwide has
brought the issue of market competition to the forefront. This
new perspective has given rise to competition with the goal of
price fall and technological innovation in the sector. In the last
few years a great deal of attention is given to the possibility of
a group of producers agents exercising market power by means
of congestion effects. The possibility of two agents acting in a
combined way on the Transmission System affecting the
accessibility by the others to a specific Market is analyzed. This
paper describes an algorithm used to detect measure and
evaluate the impact of these kinds of strategic actions on market
concentration. The results obtained from the study using 9 bus
example network shows that this kind of actions can affect
strongly market share and must be predicted by the Independent
System Operator ISO.
@article{kumar2011assessment,
abstract = {Restructuring of electrical market worldwide has
brought the issue of market competition to the forefront. This
new perspective has given rise to competition with the goal of
price fall and technological innovation in the sector. In the last
few years a great deal of attention is given to the possibility of
a group of producers agents exercising market power by means
of congestion effects. The possibility of two agents acting in a
combined way on the Transmission System affecting the
accessibility by the others to a specific Market is analyzed. This
paper describes an algorithm used to detect measure and
evaluate the impact of these kinds of strategic actions on market
concentration. The results obtained from the study using 9 bus
example network shows that this kind of actions can affect
strongly market share and must be predicted by the Independent
System Operator ISO.},
added-at = {2012-09-22T07:45:19.000+0200},
author = {Kumar, J. Vijaya and Kumar, D.M.Vinod},
biburl = {https://www.bibsonomy.org/bibtex/22d536591a5b3c6f19730c3b3fac3f249/ideseditor},
editor = {Das, Dr Vinu V},
interhash = {b7267b74ac72fac5267e23923ed016d2},
intrahash = {2d536591a5b3c6f19730c3b3fac3f249},
journal = {International Journal on Electrical and Power Engineering },
keywords = {Electricity_market Market_concentration Market_power PTDF SIC},
month = {February},
number = 1,
pages = 5,
timestamp = {2012-09-22T07:45:19.000+0200},
title = {Assessment of Market Power in Deregulated
Electricity Market with Congestion},
url = {http://doi.searchdl.org/01.IJEPE.2.1.61},
volume = 2,
year = 2011
}