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...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2019-05-01
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Series: | Energies |
Subjects: | |
Online Access: | https://www.mdpi.com/1996-1073/12/11/2068 |