Pay-as-bid pricing in combined pool / bilateral electricity markets

Kockar, I. and Cuervo Franco, P. and Galiana, F. (2002) Pay-as-bid pricing in combined pool / bilateral electricity markets. In: 14th Power Systems Computation Conference, 2002-06-24 - 2002-06-28, Seville, Spain.

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Abstract

In the context of combined pool/bilateral operation of electricity markets, this paper compares two pricing strategies; pay-as-bid strategy defines three types of services: bilateral contract generation, transmission loss and congestion management required by the bilateral contracts, and pool demand generation including associated transmission loss and congestion

Item type:	Conference or Workshop Item (Paper)
ID code:	39477
Keywords:	pay-as-bid, pricing, combined pool, bilateral , electricity markets, Electrical engineering. Electronics Nuclear engineering
Subjects:	Technology > Electrical engineering. Electronics Nuclear engineering
Department:	Faculty of Engineering > Electronic and Electrical Engineering
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Depositing user:	Pure Administrator
Date Deposited:	02 May 2012 14:45
Last modified:	05 Oct 2012 15:59
URI:	http://strathprints.strath.ac.uk/id/eprint/39477

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Pay-as-bid pricing in combined pool / bilateral electricity markets

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