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

I. Kockar, P. Cuervo Franco, F. Galiana

Research output: Contribution to conferencePaper

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
LanguageEnglish
Number of pages8
Publication statusPublished - Jun 2002
Event14th Power Systems Computation Conference - Seville, Spain
Duration: 24 Jun 200228 Jun 2002

Conference

Conference14th Power Systems Computation Conference
CitySeville, Spain
Period24/06/0228/06/02

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Costs
Power markets

Keywords

  • pay-as-bid
  • pricing
  • combined pool
  • bilateral
  • electricity markets

Cite this

Kockar, I., Cuervo Franco, P., & Galiana, F. (2002). Pay-as-bid pricing in combined pool / bilateral electricity markets. Paper presented at 14th Power Systems Computation Conference, Seville, Spain, .
Kockar, I. ; Cuervo Franco, P. ; Galiana, F. / Pay-as-bid pricing in combined pool / bilateral electricity markets. Paper presented at 14th Power Systems Computation Conference, Seville, Spain, .8 p.
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keywords = "pay-as-bid, pricing, combined pool, bilateral , electricity markets",
author = "I. Kockar and {Cuervo Franco}, P. and F. Galiana",
year = "2002",
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note = "14th Power Systems Computation Conference ; Conference date: 24-06-2002 Through 28-06-2002",

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Kockar, I, Cuervo Franco, P & Galiana, F 2002, 'Pay-as-bid pricing in combined pool / bilateral electricity markets' Paper presented at 14th Power Systems Computation Conference, Seville, Spain, 24/06/02 - 28/06/02, .

Pay-as-bid pricing in combined pool / bilateral electricity markets. / Kockar, I.; Cuervo Franco, P.; Galiana, F.

2002. Paper presented at 14th Power Systems Computation Conference, Seville, Spain, .

Research output: Contribution to conferencePaper

TY - CONF

T1 - Pay-as-bid pricing in combined pool / bilateral electricity markets

AU - Kockar, I.

AU - Cuervo Franco, P.

AU - Galiana, F.

PY - 2002/6

Y1 - 2002/6

N2 - 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

AB - 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

KW - pay-as-bid

KW - pricing

KW - combined pool

KW - bilateral

KW - electricity markets

M3 - Paper

ER -

Kockar I, Cuervo Franco P, Galiana F. Pay-as-bid pricing in combined pool / bilateral electricity markets. 2002. Paper presented at 14th Power Systems Computation Conference, Seville, Spain, .