Some aspects of pricing in the electric power markets

Authors

  • Anatolijs Mahnitko Technical University of Riga
  • Janis Gerhards Technical University of Riga
  • Sergejs Ribakovs Technical University of Riga

Abstract

Without taking into account system restrictions and tehnical power losses, connected with electric power transmission, all participants of the market sell and buy energy at the consolidated equilibrium price. Accounting the system restrictions the uniform equilibrium price can not be determined. The considered paper illustrates this fact with numerical calculation.

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Published

2009-10-23

Issue

Section

Power System Control, Liberalisation of Electricity Market