New indices of market power in transmission-constrained electricity markets

Yen Yu Lee, Jin Hur, Ross Baldick, Salvador Pineda

Research output: Contribution to journalArticlepeer-review

30 Scopus citations

Abstract

In this paper, we introduce four new indices of market power in transmission-constrained electricity markets that are based on economic principles together with faithful representation of the effects of Kirchhoff's laws.

Original languageEnglish
Article number5557794
Pages (from-to)681-689
Number of pages9
JournalIEEE Transactions on Power Systems
Volume26
Issue number2
DOIs
StatePublished - May 2011

Keywords

  • Electricity markets
  • market power
  • transmission constraints

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