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
| Original language | English |
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| Number of pages | 8 |
| Publication status | Published - Jun 2002 |
| Event | 14th Power Systems Computation Conference - Seville, Spain Duration: 24 Jun 2002 → 28 Jun 2002 |
Conference
| Conference | 14th Power Systems Computation Conference |
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| City | Seville, Spain |
| Period | 24/06/02 → 28/06/02 |
Keywords
- pay-as-bid
- pricing
- combined pool
- bilateral
- electricity markets