文章基本信息
- 标题:Is an inefficient transmission market better than none at all?
- 本地全文:下载
- 作者:Joachim Bertsch
- 期刊名称:EWI Working Papers
- 印刷版ISSN:1862-3808
- 出版年度:2015
- 卷号:2015
- 出版社:Energiewirtschaftliches Institut an der Universität zu Köln
- 摘要:In thispaper,thetrade-obetweeninecienttransmissionforwardmar-kets(innodalpricingregimes)andtheineciencyinducedbyhidingtrans-mission constraintsfromthemarket(inzonalpricingregimes)isanalyzed.First, asimpletwonodemodelformalizingthegeneraltrade-oisdevel-oped.Then,comparativestaticsareperformedwithastochasticequilibriummodelincludingmorenodes,loopowsandanenergyandtransmissionfor-wardmarket.Ineciencyinthetransmissionforwardmarketisintroducedvia abid-ask-spreadandriskaversionofmarketparticipants.Thewelfareimpacts forabroadrangeofsupply,demand,gridandineciencyparametersare analyzednumerically.Forecientspotandforwardmarkets,theresultsof theliteratureofnodalpricingbeingtheecientbenchmarkareconrmed.With inecienttransmissionforwardmarkets,however,zonalpricingprovesadvantageousinsituationswithlittlecongestionandlowcosts.Theresultsimply thatthetrade-obetweenthepricingregimesshouldbeconsideredcarefully whendeningthegeographicalscopeofbiddingzones.
- 关键词:Electricity;MarketDesign;TransmissionForwardMarkets;InecientMar-;kets