Impacts of Ramp Rate Limits on Oligopolistic Opportunities in Electricity Markets
Year
: 2015
Abstract: In this paper, a supply function equilibrium (SFE) model is used to study the impacts of ramp rate limits on generating firms’ opportunities in oligopolistic electricity markets. Ramp rate limits are added to the SFE model. Ramp rate limits couple the SFE models of different hours. A heuristic algorithm is presented to solve the coupled SFE models. Existence and uniqueness of solutions are discussed. By applying the presented algorithm to a test system, the impacts of ramp rate limits on the strategic behavior of generating firms are studied
Keyword(s): Electricity market,oligopolistic opportunities,ramp rate limits,supply function equilibrium (SFE)
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Impacts of Ramp Rate Limits on Oligopolistic Opportunities in Electricity Markets
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| contributor author | A. Yaghooti | en |
| contributor author | مجید علومی بایگی | en |
| contributor author | H. Zareipour | en |
| contributor author | Majid Oloomi Buygi | fa |
| date accessioned | 2020-06-06T13:28:00Z | |
| date available | 2020-06-06T13:28:00Z | |
| date issued | 2015 | |
| identifier uri | https://libsearch.um.ac.ir:443/fum/handle/fum/3356006?locale-attribute=en | |
| description abstract | In this paper, a supply function equilibrium (SFE) model is used to study the impacts of ramp rate limits on generating firms’ opportunities in oligopolistic electricity markets. Ramp rate limits are added to the SFE model. Ramp rate limits couple the SFE models of different hours. A heuristic algorithm is presented to solve the coupled SFE models. Existence and uniqueness of solutions are discussed. By applying the presented algorithm to a test system, the impacts of ramp rate limits on the strategic behavior of generating firms are studied | en |
| language | English | |
| title | Impacts of Ramp Rate Limits on Oligopolistic Opportunities in Electricity Markets | en |
| type | Journal Paper | |
| contenttype | External Fulltext | |
| subject keywords | Electricity market | en |
| subject keywords | oligopolistic opportunities | en |
| subject keywords | ramp rate limits | en |
| subject keywords | supply function equilibrium (SFE) | en |
| journal title | IEEE Systems Journal | fa |
| pages | 9-Jan | |
| journal volume | 99 | |
| journal issue | 1 | |
| identifier link | https://profdoc.um.ac.ir/paper-abstract-1054391.html | |
| identifier articleid | 1054391 |