Supply Function Equilibrium in a Constrained Transmission System

References

• Anderson E., Philpott A. Optimal offer construction in electricity markets. Math. Oper. Res. (2002a) 27:82–100Link, Google Scholar
• Anderson E., Philpott A. Using supply functions for offering generation into an electricity market. Oper. Res. (2002b) 50:477–489Link, Google Scholar
• Anderson E., Philpott A. Estimation of electricity market distribution functions. Ann. Oper. Res. (2003) 121:21–32Crossref, Google Scholar
• Anderson E., Xu H. Necessary and sufficient conditions for optimal offers in electricity markets. SIAM J. Control Optim. (2002) 41:1212–1228Crossref, Google Scholar
• Anderson E., Xu H. Supply function equilibrium in electricity spot markets with contracts and price caps. J. Optim. Theory Appl. (2005) 124:257–283Crossref, Google Scholar
• Anderson E., Xu H. Finding supply function equilibria with asymmetric firms. (2006) . Working paper, Australian Graduate School of Management, Sydney, AustraliaGoogle Scholar
• Anderson S. Analyzing strategic interaction in multi-settlement electricity markets: A closed-loop supply function equilibrium model. (2004) . Ph.D. thesis, Harvard University, Cambridge, MAGoogle Scholar
• Baldick R., Hogan W. Capacity constrained supply function equilibrium models of electricity markets: Stability, nondecreasing constraints, and function space iterations. (2002) . Paper PWP-089, University of California Energy Institute, Berkeley, CAGoogle Scholar
• Baldick R., Grant R., Kahn E. Theory and application of linear supply function equilibrium in electricity markets. J. Regulatory Econom. (2004) 25:143–167Crossref, Google Scholar
• Berry C., Hobbs B., Meroney W., O'Neill R., Stewart W. Understanding how market power can arise in network competition: A game theoretic approach. Utilities Policy (1999) 8:139–158Crossref, Google Scholar
• Bolle F. Competition with supply and demand functions. Energy Econom. (2001) 23:253–277Crossref, Google Scholar
• Chao H., Peck S. A market mechanism for electric power transmission. J. Regulatory Econom. (1996) 10:25–60Crossref, Google Scholar
• Chao H., Peck S., Oren S., Wilson R. Flow-based transmission rights and congestion management. Electricity J. (2000) 13(October):38–58Crossref, Google Scholar
• Cunningham L., Baldick R., Baughman M. An empirical study of applied game theory: Transmission constrained Cournot behavior. IEEE Trans. Power Systems (2002) 17:166–172Crossref, Google Scholar
• Day C., Hobbs B., Pang J. Oligopolistic competition in power networks: A conjectured supply function approach. IEEE Trans. Power Systems (2002) 17:597–607Crossref, Google Scholar
• Dixit A., Pindyck R.Investment under Uncertainty (1994) (Princeton University Press, Princeton, NJ) Crossref, Google Scholar
• Elsgolc L.Calculus of Variations (1962) (Pergamon Press, London, UK) Google Scholar
• Ferrero R., Shahidehpour S., Ramesh V. Transaction analysis in deregulated power systems using game theory. IEEE Trans. Power Systems (1997) 12:1340–1347Crossref, Google Scholar
• Green R., Newbery D. Competition in the British electricity spot market. J. Political Econom. (1992) 100:929–953Crossref, Google Scholar
• Hästö P., Holmberg P. Some inequalities related to the analysis of electricity auctions. (2005) . Working paper, Department of Mathematical Sciences, Norwegian University of Science and Technology, Trondheim, Norway and Department of Economics, Uppsala University, Uppsala, SwedenGoogle Scholar
• Hobbs B., Rijkers F. Strategic generation with conjectured transmission price responses in a mixed transmission system I: Formulation. IEEE Trans. Power Systems (2004) 19:707–717Crossref, Google Scholar
• Hobbs B., Metzler C., Pang J. Strategic gaming analysis for electric power networks: An MPEC approach. IEEE Trans. Power Systems (2000) 15:38–45Crossref, Google Scholar
• Hobbs B., Rijkers F., Wals A. Strategic generation with conjectured transmission price responses in a mixed transmission pricing system II: Application. IEEE Trans. Power Systems (2004) 19:872–879Crossref, Google Scholar
• Hogan W. A market power model with strategic interaction in electricity networks. Energy J. (1997) 18:107–141Crossref, Google Scholar
• Holmberg P. Modelling bidding behavior in electricity auctions: Supply function equilibria with uncertain demand and capacity constraints. (2005) . Economic Studies 87, University of Uppsala, Uppsala, SwedenGoogle Scholar
• Kahn A., Cramton P., Porter R., Tabors R. Pricing in the California power exchange electricity market: Should California switch from uniform pricing to pay-as-bid pricing. (2001) . Blue ribbon panel report, California Power Exchange, Folsom, CAGoogle Scholar
• Klemperer P., Meyer M. Supply function equilibrium in oligopoly under uncertainty. Econometrica (1989) 57:1243–1277Crossref, Google Scholar
• Niu H., Baldick R., Zhu G. Supply function equilibrium bidding strategies with fixed forward contracts. IEEE Trans. Power Systems (2005) 20:1859–1867Crossref, Google Scholar
• Oren S. Economic inefficiency of passive transmission rights in congested electricity systems with competitive generation. Energy J. (1997) 18:63–83Crossref, Google Scholar
• Rudkevich A. Supply function equilibrium: Theory and applications. Proc. 36th Hawaii Internat. Conf. System Sci. (2003) (IEEE, Parsippany, NJ) Crossref, Google Scholar
• Smeers Y., Wei J. Spatially oligopolistic model with opportunity cost pricing for transmission capacity reservations—A variational inequality approach. (1997) . CORE D.P. 9717, Université Catholique de Louvain, Louvain, BelgiumGoogle Scholar
• Stoft S., Singh H. Using game theory to study market power in simple networks. Game Theory Tutorial (1999) (IEEE Power Engineering Society, Parsippany, NJ) 33–40Google Scholar
• Vandenberghe L., Boyd S. Semidefinite programming. SIAM Rev. (1996) 38:49–95Crossref, Google Scholar
• Wei J., Smeers Y. Spatial oligopolistic electricity markets with Cournot generators and regulated transmission. Oper. Res. (1999) 47:102–112Link, Google Scholar
• Willems B. Modeling Cournot competition in an electricity market with transmission constraints. Energy J. (2002) 23:95–125Crossref, Google Scholar
• Wilson R.Nonlinear Pricing (1993) (Oxford University Press, New York) Crossref, Google Scholar
• Xu H., Ralph D., Ralph E., Bardsley P., Ferrisk M. Electricity generation with looped transmission networks: Bidding to an ISO. (2004) . Working paper, Australian Graduate School of Management, Sydney, AustraliaGoogle Scholar
• Younes Z., Ilic M. Generation strategies for gaming transmission constraints: Will the deregulated electric power market be an oligopoly? Proc. IEEE Hawaii Internat. Conf. System Sci. (1997) (IEEE, Parsippany, NJ) 112–120Google Scholar