Multiple Market-Clearing Prices, Electricity Market Design and Price Manipulation

Electricity Journal

Volumn 25, Issue 4, 2012, Pages 18-32

  Hogan, William W ^a  

^a HARVARD UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

COSTS; ELECTRIC LOAD DISPATCHING; POWER MARKETS;

COMPETITIVE MARKETS; CONDITION; ECONOMIC DISPATCH; ELECTRICITY MARKETS DESIGNS; FINANCIAL CONTRACTS; MARKET CLEARING PRICE; MARKET PRICE; MULTIPLE MARKETS; PRICE MANIPULATION; STAND -ALONE;

PROFITABILITY;

EID: 84862250927     PISSN: 10406190     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.tej.2012.04.014     Document Type: Article

References (9)

1. CAISO (2011), Fifth Replacement FERC Electric Tariff, California Independent System Operator, at http://www.caiso.com/Documents/CombinedPDFDocument-FifthReplacementCAISOTariff.pdf.
2. Geoffrion A.M. Duality in Nonlinear Programming: A Simplified Applications-Oriented Development. SIAM Rev. 1971, 13(1):1-37. http://www.jstor.org/stable/10.2307/2028848.
3. Harvey S.M., Hogan W.W., Pope S.L. Transmission Capacity Reservations and Transmission Congestion Contracts 1997, Center for Business and Government, Harvard University. http://www.ksg.harvard.edu/people/whogan/tccoptr3.pdf.
4. Hogan W.W. Contract Networks for Electric Power Transmission. J. Reg. Econ. 1992, 4(3):211-242. http://www.springerlink.com/index/wh70283126518105.pdf.
5. Hogan W.W. Electricity Market Restructuring: Reforms of Reforms. J. Reg. Econ. 2002, 21(1):103-132. http://www.springerlink.com/index/M488771227KN3R02.pdf.
6. Hogan W.W. Electricity Wholesale Market Design in a Low-Carbon Future. Harnessing Renewable Energy in Electric Power 2010, 113-136. RFF Press, Washington, DC. http://books.google.com/books%3Fhl=en%26amp;lr=%26amp;id=KHJIC6JdZXIC%26amp;oi=fnd%26amp;pg=PA113%26amp;dq=Electricity+Wholesale+Market+Design+in+a+Low+Carbon+Future%26amp;ots=INnkMfF9-Z%26amp;sig=G1l6p1H0_dKtmdFXzDjbNoOVjpQ, B. Moselle, J. Padilla, R. Schmalensee (Eds.).
7. W.W. Hogan (2011), Comments on PJM's Minimum Offer Price Rule, FERC Technical Conference, Docket Nos. EL11-20-001, ER11-2875-001-002, at http://www.hks.harvard.edu/fs/whogan/Hogan_Statement_2011-08-25.pdf.
8. Hogan W.W., Read E.G., Ring B.J. Using Mathematical Programming for Electricity Spot Pricing. Int. Trans. Operational Res. 1996, 3(3):209-221. http://onlinelibrary.wiley.com/doi/10.1111/j.1475-3995.1996.tb00048.x/Abstract.
9. K. Wells (2010), Inter-Tie Congestion Pricing, Dept. of Market Monitoring, California Independent System Operator, at http://www.caiso.com/275e/275e806242f0.pdf.