A New Model to Simulate Local Market Power in a Multi-Area Electricity Market: Application to the European Case

The work presented in this article proposes an original method that models the medium-term market equilibrium under imperfect competition circumstances in multi-area electricity systems. It provides a system analysis considering multiple market splitting possibilities, where local market power may a...

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Bibliographic Details
Main Authors: Alberto Orgaz, Antonio Bello, Javier Reneses
Format: Article
Language:English
Published: MDPI AG 2019-05-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/12/11/2068