On Cournot equilibria in electricity transmission networks

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dc.contributor.author Downward, Anthony en
dc.contributor.author Zakeri, Golbon en
dc.contributor.author Philpott, Andrew en
dc.date.accessioned 2012-01-19T22:13:05Z en
dc.date.issued 2010-07 en
dc.identifier.citation Operations Research 58(4):1194-1209 Jul 2010 en
dc.identifier.issn 0030-364X en
dc.identifier.uri http://hdl.handle.net/2292/10604 en
dc.description.abstract We consider electricity pool markets in radial transmission networks in which the lines have capacities. At each node there is a strategic generator injecting generation quantities into the pool. Prices are determined by a linear competitive fringe at each node (or equivalently a linear demand function) through a convex dispatch optimization. We derive a set of linear inequalities satisfied by the line capacities that gives necessary and sufficient conditions for the unconstrained one-shot Cournot equilibrium to remain an equilibrium in the constrained network. We discuss the extension of this model to general networks and to lines with transmission losses, and we conclude by discussing the application of this methodology to the New Zealand electricity transmission network. en
dc.language EN en
dc.publisher INFORMS en
dc.relation.ispartofseries Operations Research en
dc.rights Items in ResearchSpace are protected by copyright, with all rights reserved, unless otherwise indicated. Previously published items are made available in accordance with the copyright policy of the publisher. Details obtained from http://www.sherpa.ac.uk/romeo/issn/0030-364X/ en
dc.rights.uri https://researchspace.auckland.ac.nz/docs/uoa-docs/rights.htm en
dc.subject MARKETS en
dc.title On Cournot equilibria in electricity transmission networks en
dc.type Journal Article en
dc.identifier.doi 10.1287/opre.1100.0830 en
pubs.issue 4 en
pubs.begin-page 1194 en
pubs.volume 58 en
dc.rights.holder Copyright: INFORMS en
pubs.end-page 1209 en
dc.rights.accessrights http://purl.org/eprint/accessRights/RestrictedAccess en
pubs.subtype Article en
pubs.elements-id 81352 en
pubs.org-id Engineering en
pubs.org-id Engineering Science en
pubs.record-created-at-source-date 2010-09-01 en

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