Abstract
LMP based market model, good practice behaviour of market players and oligopoly effects of business equilibrium are discussed by using a simple N-identical-supplier-demand model. Risk assessment would be a key factor for operating the power system securely under the severe network situations.
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References
J. Toyoda & Y. Yamada, Proceedings of ICEE2002, 2002: 112-116
A. Robert, General report, CIGRE/IEEE-PES Montreal symposium, 2003
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© 2004 Springer-Verlag London
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Toyoda, J., Minazawa, K., Iwaita, H. (2004). Behaviour of Market Players and Risk Assessment of Network Congestion in Electric Power Supply System. In: Spitzer, C., Schmocker, U., Dang, V.N. (eds) Probabilistic Safety Assessment and Management. Springer, London. https://doi.org/10.1007/978-0-85729-410-4_216
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DOI: https://doi.org/10.1007/978-0-85729-410-4_216
Publisher Name: Springer, London
Print ISBN: 978-1-4471-1057-6
Online ISBN: 978-0-85729-410-4
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