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Volumn , Issue , 2009, Pages

Auction basics for wholesale power markets: Objectives and pricing rules

Author keywords

Auction design; Bid offer based optimal power flow; Congestion rents; Locational marginal prices; Objectives; Pricing rules; Restructured wholesale power markets

Indexed keywords

AUCTION DESIGN; LOCATIONAL MARGINAL PRICES; OPTIMAL POWER FLOWS; POWER MARKETS; PRICING RULES;

EID: 77649278393     PISSN: None     EISSN: None     Source Type: Conference Proceeding    
DOI: 10.1109/PES.2009.5275970     Document Type: Conference Paper
Times cited : (22)

References (13)
  • 1
    • 85195336491 scopus 로고    scopus 로고
    • Princeton University Press, Princeton, NJ
    • P. Klemperer, Auctions: Theory and Practice, Princeton University Press, Princeton, NJ, 2004. http://hicks.nuff.ox.ac.uk/users/klemperer/papers. html
    • (2004) Auctions: Theory and Practice
    • Klemperer, P.1
  • 3
    • 30744456558 scopus 로고    scopus 로고
    • Markets for power in the united states: An interim assessment
    • P. Joskow, "Markets for power in the united states: An interim assessment," The Energy Journal, vol. 27, no. 1, pp. 1-36, 2006.
    • (2006) The Energy Journal , vol.27 , Issue.1 , pp. 1-36
    • Joskow, P.1
  • 4
    • 77649335276 scopus 로고    scopus 로고
    • MISO, Business Practices Manual 002 (Energy Markets), Midwest ISO, Inc., 2008. www.midwestmarket.org
    • MISO, Business Practices Manual 002 (Energy Markets), Midwest ISO, Inc., 2008. www.midwestmarket.org
  • 5
  • 6
    • 55549123386 scopus 로고    scopus 로고
    • hosted by the Economics Department, Iowa State University
    • L. Tesfatsion, "AMES Wholesale Power Market Test Bed Homepage," hosted by the Economics Department, Iowa State University, www.econ.iastate. edu/tesfatsi/AMESMarketHome.htm
    • AMES Wholesale Power Market Test Bed Homepage
    • Tesfatsion, L.1
  • 8
    • 77649331899 scopus 로고    scopus 로고
    • P. Twomey, R. Green, K. Neuhoff, and D. Newbery, A review of the monitoring of market power: Possible roles of TSOs in monitoring for market power issues in congested transmission systems, 05-002 WP, Center for Energy and Environmental Policy Research, March 2005.
    • P. Twomey, R. Green, K. Neuhoff, and D. Newbery, "A review of the monitoring of market power: Possible roles of TSOs in monitoring for market power issues in congested transmission systems," 05-002 WP, Center for Energy and Environmental Policy Research, March 2005.
  • 9
    • 55549103364 scopus 로고    scopus 로고
    • An agent-based test bed study of wholesale power market performance measures
    • November
    • A. Somani and L. Tesfatsion, "An agent-based test bed study of wholesale power market performance measures," IEEE Computational Intelligence Magazine, Vol. 3, No. 4, November 2008, pp. 56-72.
    • (2008) IEEE Computational Intelligence Magazine , vol.3 , Issue.4 , pp. 56-72
    • Somani, A.1    Tesfatsion, L.2
  • 10
    • 50849106847 scopus 로고    scopus 로고
    • Alternative models to analyze market power and financial transmission rights in electricity markets,
    • PhD Thesis, Electrical and Computer Engineering, University of Waterloo
    • G. B. Alderete, "Alternative models to analyze market power and financial transmission rights in electricity markets," PhD Thesis, Electrical and Computer Engineering, University of Waterloo, 2005.
    • (2005)
    • Alderete, G.B.1
  • 11
    • 52349100232 scopus 로고    scopus 로고
    • Dynamic LMP response under alternative price-cap and price-sensitive demand scenarios
    • IEEE PES GM, Pittsburgh, PA, July
    • H. Li, J. Sun, and L. Tesfatsion, "Dynamic LMP response under alternative price-cap and price-sensitive demand scenarios," Proceedings, IEEE PES GM, Pittsburgh, PA, July 2008.
    • (2008) Proceedings
    • Li, H.1    Sun, J.2    Tesfatsion, L.3
  • 12
    • 77649293280 scopus 로고    scopus 로고
    • California Independent System Operator (CAISO), 2004, Transmission economic assessment methodology (TEAM), www.caiso.com/docs/2003/03/18/ 2003031815303519270.html
    • California Independent System Operator (CAISO), 2004, "Transmission economic assessment methodology (TEAM)," www.caiso.com/docs/2003/03/18/ 2003031815303519270.html


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