Market Clearing Price Index with variable demand in Deregulated Electricity Market
نویسنده
چکیده
In emerging electricity markets, a suitable trading mechanism is required to accommodate the wind power generators. This paper deals with a systematic way for modeling power trading. The paper first introduces a new term the “Market Clearing Price Index”, the MCP index.MCP index Calculations have been based on MATRIX LABORATORY.
منابع مشابه
Market Clearing Price Forecasting in Deregulated Electricity Markets Using Adaptively Trained Neural Networks
The market clearing prices in deregulated electricity markets are volatile. Good market clearing price forecasting will help producers and consumers to prepare their corresponding bidding strategies so as to maximize their profits. Market clearing price prediction is a difficult task since bidding strategies used by market participants are complicated and various uncertainties interact in an in...
متن کاملاثرات اصلاح قیمت سوخت مصرفی نیروگاهها بر قیمت برق در بازار تجدیدساختاریافته:رویکرد پویایی سیستمی
Following the rise of the fuels that power plants consume in the deregulated market, an increase in the electricity prices would be expected. This article tries to study the effects of power plants’ fuel prices adjustment on the amount of increase in electricity prices in the market. The components of the deregulated power market were modeled in the systems dynamics method with the aim of findi...
متن کاملAnalyzing Capacity Withholding in Oligopoly Electricity Markets Considering Forward Contracts and Demand Elasticity
In this paper capacity withholding in an oligopolistic electricity market that all Generation Companies (GenCos) bid in a Cournot model is analyzed and the capacity withheld index, the capacity distortion index and the price distortion index are obtained and formulated. Then a new index, Distortion-Withheld Index (DWI), is proposed in order to measure the potential ability of market for capacit...
متن کاملA method to calculate the acceptance probability and risk of rejection of bid prices on the electricity market
After restructuring, Iran’s electricity market has become one of the most competitive markets in which generation companies offer their proposed price on several price benches. So, the decisions in this market can use statistical concepts. In this paper, a conceptual model is presented according to simultaneous analysis of probabilistic distribution for historical data of market clearing price ...
متن کاملTransmission Network Congestion in Deregulated Wholesale Electricity Market
Electricity market plays an important role in improving the economics of electrical power system. Transmission network is vital entity in open access deregulated wholesale electricity market. Whenever transmission network congestion occurs in electricity market, it divides the market in different zones and the trading price of electricity will no longer remains the same for the whole system. Bi...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
عنوان ژورنال:
دوره شماره
صفحات -
تاریخ انتشار 2014