Analyzing strategic behaviors in electricity markets via transmission-constrained residual demand
dc.contributor.advisor | Baldick, Ross | en |
dc.creator | Xu, Lin | en |
dc.date.accessioned | 2010-06-02T18:20:06Z | en |
dc.date.available | 2010-06-02T18:20:06Z | en |
dc.date.issued | 2009-12 | en |
dc.description | text | en |
dc.description.abstract | This dissertation studies how to characterize strategic behaviors in electricity markets from a transmission-constrained residual demand perspective. This dissertation generalizes the residual demand concept, widely used by economists in general markets, to electricity markets, which are constrained by transmission networks. The transmission-constrained residual demand is characterized by a sensitivity analysis of the optimal power flow program, which is the electricity market clearing engine. Methods are proposed to optimize a generator or generation firm's profit utilizing the residual demand sensitivity information, which has several advantages over existing methods. The transmission-constrained residual demand concept and the methods are helpful for market participants to develop bidding strategies and for market monitors to analyze market power in electricity markets. | en |
dc.description.department | Electrical and Computer Engineering | en |
dc.format.medium | electronic | en |
dc.identifier.uri | http://hdl.handle.net/2152/7564 | en |
dc.language.iso | eng | en |
dc.rights | Copyright is held by the author. Presentation of this material on the Libraries' web site by University Libraries, The University of Texas at Austin was made possible under a limited license grant from the author who has retained all copyrights in the works. | en |
dc.subject | Electricity markets | en |
dc.subject | Transmission-constrained residual demand | en |
dc.title | Analyzing strategic behaviors in electricity markets via transmission-constrained residual demand | en |
thesis.degree.department | Electrical and Computer Engineering | en |
thesis.degree.discipline | Electrical and Computer Engineering | en |
thesis.degree.grantor | The University of Texas at Austin | en |
thesis.degree.level | Doctoral | en |
thesis.degree.name | Doctor of Philosophy | en |