An economic analysis of competition mechanisms for system-margin-pricing and pay-as-BID

Power System Technology

Volumn 28, Issue 11, 2004, Pages 14-17+28

  Wang, Yan Ling ^a   Zhang, Li Zi ^a   Yang, Yi Han ^a  

^a NORTH CHINA ELECTRIC POWER UNIVERSITY   (China)

Author keywords

Competition mechanism; Day ahead trade; Electricity market; Marginal price; PAB

Indexed keywords

COMPETITION; ECONOMIC AND SOCIAL EFFECTS; ELECTRIC POWER SYSTEMS; PROBLEM SOLVING; SOCIAL ASPECTS;

COMPETITION MECHANISM; DAY-AHEAD TRADE; ELECTRICITY MARKET; MARGINAL PRICE; PAB;

ELECTRICITY;

EID: 3242760710     PISSN: 10003673     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article

References (9)

1. AES and British Energy. A report on the references made under section 12 of the Electricity Act 1989[EB/OL]. http://www.competition-commission.org.uk.
2. California ISO. Report on real time supply costs above single price auction threshold: December 8, 2000-January 31, 2001[EB/OL]. http://www.caiso.com.
3. Paul L J. California's electricity market meltdown[EB/OL]. http://econ-www.mit.edu.
4. Duan Gang, Wang Xinfeng, Bai Wei et al. Suppress price spikes by hybridizing system-marginal-price auction and pay-as bid auction[J]. Automation of Electric Power Systems, 2002, 26(9): 30-35.
5. Giulio F, David R. Bidding in an electricity pay-as-bid action [EB/OL]. http://www.nuff.ox.ac.uk.