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Document Type : Latin Dissertation
Language of Document : English
Record Number : 150654
Doc. No : ET22446
Main Entry : Serhiy Kotsan
Title Proper : Three Essays on Pricing and Risk Management in Electricity Markets
Note : This document is digital این مدرک بصورت الکترونیکی می باشد
Abstract : A set of three papers forms this dissertation. In the طrst paper I analyze an electricitymarket that does not clear. The system operator satisطes طxed demand at a طxed price,and attempts to minimize \cost" as indicated by independent generators' supply bids. Noequilibrium exists in this situation, and the operator lacks information sucient to minimizeactual cost. As a remedy, we propose a simple ecient tax mechanism. With the tax,Nash equilibrium bids still diverge from marginal cost but nonetheless provide sucientinformation to minimize actual cost, regardless of the tax rate or number of generators.The second paper examines a price mechanism with one price assigned for each level ofbundled real and reactive power. Equilibrium allocation under this pricing approach raises....-...,..tested for theQ1 PC1 bus cardBoth these projects mere sofixare des elopment efforts tonards contributing to dlfferentaspects of Roboucs and lZ1echatronics projects m the Controls and Roboucs Group..
Subject : Electericl tess
: برق
electronic file name : TL45664.pdf
Title and statement of responsibility and : Three Essays on Pricing and Risk Management in Electricity Markets [Thesis]
 
 
 
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