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

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

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

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

Electronic And Electrical Engineering

Research output: Contribution to conference › Paper

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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

Original language	English
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
City	Seville, Spain
Period	24/06/02 → 28/06/02

Keywords

pay-as-bid
pricing
combined pool
bilateral
electricity markets

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Cite this

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title = "Pay-as-bid pricing in combined pool / bilateral electricity markets",

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",

keywords = "pay-as-bid, pricing, combined pool, bilateral , electricity markets",

author = "I. Kockar and \{Cuervo Franco\}, P. and F. Galiana",

year = "2002",

month = jun,

language = "English",

note = "14th Power Systems Computation Conference ; Conference date: 24-06-2002 Through 28-06-2002",

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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

T2 - 14th Power Systems Computation Conference

Y2 - 24 June 2002 through 28 June 2002

ER -

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

Abstract

Conference

Keywords

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Cite this