메뉴 건너뛰기




Volumn 45, Issue 2, 2008, Pages 267-277

The role of market pricing mechanism under imperfect competition

Author keywords

Bidding strategy; Electricity market; Marginal pricing; Nash equilibrium; Pay as bid pricing; Risk profile

Indexed keywords

COMPETITION; ELECTRICITY; FUNCTIONS; OPTIMIZATION; PARAMETERIZATION; PROFITABILITY;

EID: 43249129394     PISSN: 01679236     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.dss.2007.12.011     Document Type: Article
Times cited : (14)

References (31)
  • 1
    • 0036873304 scopus 로고    scopus 로고
    • Electricity market equilibrium models: the effects of parameterization
    • Baldick R. Electricity market equilibrium models: the effects of parameterization. IEEE Transactions on Power Systems 17 4 (Feb. 2002) 1170-1176
    • (2002) IEEE Transactions on Power Systems , vol.17 , Issue.4 , pp. 1170-1176
    • Baldick, R.1
  • 2
    • 32144446292 scopus 로고    scopus 로고
    • An oligopolistic model of an integrated market for energy and spinning reserve
    • Bautista G., Quintana V.H., and Aguado J.A. An oligopolistic model of an integrated market for energy and spinning reserve. IEEE Transactions on Power Systems 21 1 (Feb. 2006) 132-142
    • (2006) IEEE Transactions on Power Systems , vol.21 , Issue.1 , pp. 132-142
    • Bautista, G.1    Quintana, V.H.2    Aguado, J.A.3
  • 3
    • 0033501158 scopus 로고    scopus 로고
    • Understanding how market power can arise in market competition: a game theoretic approach
    • Berry C.A., Hobbs B.F., and Meroney W.A. Understanding how market power can arise in market competition: a game theoretic approach. Utilities Policy 8 (1999) 139-158
    • (1999) Utilities Policy , vol.8 , pp. 139-158
    • Berry, C.A.1    Hobbs, B.F.2    Meroney, W.A.3
  • 4
    • 32144447606 scopus 로고    scopus 로고
    • Network constraint impacts on the competitive electricity markets under supply-side strategic bidding
    • Bompard E., Lu W., and Napoli R. Network constraint impacts on the competitive electricity markets under supply-side strategic bidding. IEEE Transactions on Power Systems 21 7 (Feb. 2006) 160-170
    • (2006) IEEE Transactions on Power Systems , vol.21 , Issue.7 , pp. 160-170
    • Bompard, E.1    Lu, W.2    Napoli, R.3
  • 6
    • 0031091534 scopus 로고    scopus 로고
    • Market power and strategic interaction in electricity networks
    • Cardel J., Hitt C.C., and Hogan W.W. Market power and strategic interaction in electricity networks. Research and Energy Economics 19 1-2 (1997) 109-137
    • (1997) Research and Energy Economics , vol.19 , Issue.1-2 , pp. 109-137
    • Cardel, J.1    Hitt, C.C.2    Hogan, W.W.3
  • 8
    • 0345690085 scopus 로고    scopus 로고
    • Searching for noncooperative equilibria in centralized electricity markets
    • Correia P.F., Overbye T.J., and Hiskens I.A. Searching for noncooperative equilibria in centralized electricity markets. IEEE Transactions on Power Systems 18 4 (Nov. 2003) 1417-1424
    • (2003) IEEE Transactions on Power Systems , vol.18 , Issue.4 , pp. 1417-1424
    • Correia, P.F.1    Overbye, T.J.2    Hiskens, I.A.3
  • 10
    • 13844318463 scopus 로고    scopus 로고
    • Risk assessment of generators bidding in day-ahead markets
    • Das D., and Wollenberg F. Risk assessment of generators bidding in day-ahead markets. IEEE Transactions on Power Systems 20 1 (Feb. 2005) 416-424
    • (2005) IEEE Transactions on Power Systems , vol.20 , Issue.1 , pp. 416-424
    • Das, D.1    Wollenberg, F.2
  • 11
    • 0141872592 scopus 로고    scopus 로고
    • Tacit collusion in repeated auctions: uniform versus discriminatory
    • Fabra N. Tacit collusion in repeated auctions: uniform versus discriminatory. Journal of Industrial Economics 51 3 (2003) 271-293
    • (2003) Journal of Industrial Economics , vol.51 , Issue.3 , pp. 271-293
    • Fabra, N.1
  • 12
    • 0037829616 scopus 로고    scopus 로고
    • Bidding in an electricity pay-as-bid auction
    • Federico G., and Rahman D. Bidding in an electricity pay-as-bid auction. Journal of Regulatory Economics 24 2 (2003) 157-211
    • (2003) Journal of Regulatory Economics , vol.24 , Issue.2 , pp. 157-211
    • Federico, G.1    Rahman, D.2
  • 14
    • 0034186850 scopus 로고    scopus 로고
    • Strategic gaming analysis for electric power systems: an MPEC Approach
    • Hobbs B.F., Metzler C.B., and Pang J.-S. Strategic gaming analysis for electric power systems: an MPEC Approach. IEEE Transactions on Power Systems 15 2 (May 2000) 638-645
    • (2000) IEEE Transactions on Power Systems , vol.15 , Issue.2 , pp. 638-645
    • Hobbs, B.F.1    Metzler, C.B.2    Pang, J.-S.3
  • 16
    • 0035402155 scopus 로고    scopus 로고
    • Uniform pricing or pay-as-bid pricing: a dilemma for California and beyond
    • Kahn A., Cramton P.C., Porter R.H., and Tabors R.D. Uniform pricing or pay-as-bid pricing: a dilemma for California and beyond. The Electricity Journal 14 6 (2001) 70-79
    • (2001) The Electricity Journal , vol.14 , Issue.6 , pp. 70-79
    • Kahn, A.1    Cramton, P.C.2    Porter, R.H.3    Tabors, R.D.4
  • 17
    • 0032804976 scopus 로고    scopus 로고
    • Auction theory: a guide to the literature
    • Klemperer P. Auction theory: a guide to the literature. Journal of Economic Surveys 13 3 (July 1999) 227-286
    • (1999) Journal of Economic Surveys , vol.13 , Issue.3 , pp. 227-286
    • Klemperer, P.1
  • 19
    • 0035147721 scopus 로고    scopus 로고
    • Market power and price volatility in restructured markets for electricity
    • Mount T. Market power and price volatility in restructured markets for electricity. Decision Support Systems 30 (2001) 311-325
    • (2001) Decision Support Systems , vol.30 , pp. 311-325
    • Mount, T.1
  • 21
    • 9244239760 scopus 로고    scopus 로고
    • Pay-as-bid versus marginal pricing-part I: strategic generator offers
    • Ren Y., and Galiana F. Pay-as-bid versus marginal pricing-part I: strategic generator offers. IEEE Transactions on Power Systems 19 4 (Nov. 2004) 1771-1776
    • (2004) IEEE Transactions on Power Systems , vol.19 , Issue.4 , pp. 1771-1776
    • Ren, Y.1    Galiana, F.2
  • 22
    • 9244251564 scopus 로고    scopus 로고
    • Pay-as-bid versus marginal pricing-part II: market behavior under strategic generator offers
    • Ren Y., and Galiana F. Pay-as-bid versus marginal pricing-part II: market behavior under strategic generator offers. IEEE Transactions on Power Systems 19 4 (Nov. 2004) 1777-1783
    • (2004) IEEE Transactions on Power Systems , vol.19 , Issue.4 , pp. 1777-1783
    • Ren, Y.1    Galiana, F.2
  • 23
    • 43249101297 scopus 로고    scopus 로고
    • Reliability Test System (RTS) Load Data, Version 1996, [Online]. Available: http://www.ee.washington.edu/research/pstca/rts.
    • Reliability Test System (RTS) Load Data, Version 1996, [Online]. Available: http://www.ee.washington.edu/research/pstca/rts.
  • 24
    • 24944575575 scopus 로고    scopus 로고
    • On the supply function equilibrium and its applications in electricity markets?
    • Rudkevich A. On the supply function equilibrium and its applications in electricity markets?. Decision Support Systems 40 (2005) 409-425
    • (2005) Decision Support Systems , vol.40 , pp. 409-425
    • Rudkevich, A.1
  • 25
    • 0344827158 scopus 로고    scopus 로고
    • Oligopolistic pool-based electricity markets: a multiperiod approach
    • Torre S.D.-L., Conejo A.J., and Contreras J. Oligopolistic pool-based electricity markets: a multiperiod approach. IEEE Transactions on Power Systems 18 4 (Nov. 2003) 1547-1555
    • (2003) IEEE Transactions on Power Systems , vol.18 , Issue.4 , pp. 1547-1555
    • Torre, S.D.-L.1    Conejo, A.J.2    Contreras, J.3
  • 26
    • 1442288859 scopus 로고    scopus 로고
    • Finding multiperiod nash equilibria in pool-based electricity markets
    • Torre S.D.-L., Contreras J., and Conejo A.J. Finding multiperiod nash equilibria in pool-based electricity markets. IEEE Transactions on Power Systems 19 1 (Feb. 2004) 643-651
    • (2004) IEEE Transactions on Power Systems , vol.19 , Issue.1 , pp. 643-651
    • Torre, S.D.-L.1    Contreras, J.2    Conejo, A.J.3
  • 27
    • 9244254260 scopus 로고    scopus 로고
    • Short-term electricity market auction game analysis: uniform and pay-as-bid pricing
    • Son Y.S., Baldick R., Lee K.H., and Siddiqi S. Short-term electricity market auction game analysis: uniform and pay-as-bid pricing. IEEE Transactions on Power Systems 19 4 (Nov. 2004) 1990-1998
    • (2004) IEEE Transactions on Power Systems , vol.19 , Issue.4 , pp. 1990-1998
    • Son, Y.S.1    Baldick, R.2    Lee, K.H.3    Siddiqi, S.4
  • 28
    • 84969858840 scopus 로고    scopus 로고
    • A two-level optimization problem for analysis of market bidding strategies
    • Weber J.D., and Overbye T.J. A two-level optimization problem for analysis of market bidding strategies. Proc. IEEE PES Summer Meeting vol. 2 (Jul. 1999) 682-687
    • (1999) Proc. IEEE PES Summer Meeting , vol.2 , pp. 682-687
    • Weber, J.D.1    Overbye, T.J.2
  • 29
    • 0036698943 scopus 로고    scopus 로고
    • An individual welfare maximization algorithm for electricity markets
    • Weber J.D., and Overbye T.J. An individual welfare maximization algorithm for electricity markets. IEEE Transactions on Power Systems 17 3 (Aug. 2002) 590-596
    • (2002) IEEE Transactions on Power Systems , vol.17 , Issue.3 , pp. 590-596
    • Weber, J.D.1    Overbye, T.J.2
  • 30
    • 0001836434 scopus 로고    scopus 로고
    • Electricity markets: should the rest of the world adopt the UK reforms?
    • Wolfram C. Electricity markets: should the rest of the world adopt the UK reforms?. Regulation 22 (1999) 48-83
    • (1999) Regulation , vol.22 , pp. 48-83
    • Wolfram, C.1
  • 31
    • 0032652832 scopus 로고    scopus 로고
    • Generation strategies for gaming transmission constraints: will the deregulated electric power market be an oligopoly?
    • Younes Z., and Ilic M. Generation strategies for gaming transmission constraints: will the deregulated electric power market be an oligopoly?. Decision Support Systems 24 (1999) 207-222
    • (1999) Decision Support Systems , vol.24 , pp. 207-222
    • Younes, Z.1    Ilic, M.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.