Arbeitspapier
Congestion Management in Electricity Networks: Nodal, Zonal and Discriminatory Pricing
Wholesale electricity markets use different market designs to handle congestion in the transmission network. We compare nodal, zonal and discriminatory pricing in general networks with transmission constraints and loop flows. We conclude that in large games with many producers who are allowed to participate in the real-time market the three market designs result in the same efficient dispatch. However, zonal pricing with counter-trading results in additional payments to producers in export-constrained nodes.
- Sprache
-
Englisch
- Erschienen in
-
Series: IFN Working Paper ; No. 915
- Klassifikation
-
Wirtschaft
Noncooperative Games
Auctions
Allocative Efficiency; Cost-Benefit Analysis
Oligopoly and Other Imperfect Markets
Electric Utilities
- Thema
-
Congestion management
Wholesale electricity market
Transmission network
Nodal pricing
Zonal pricing with countertrading
Discriminatory pricing
Large game
Elektrizitätsversorgung
Bottleneck
Betriebliche Preispolitik
Spieltheorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Holmberg, Pär
Lazarczyk, Ewa
- Ereignis
-
Veröffentlichung
- (wer)
-
Research Institute of Industrial Economics (IFN)
- (wo)
-
Stockholm
- (wann)
-
2012
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Holmberg, Pär
- Lazarczyk, Ewa
- Research Institute of Industrial Economics (IFN)
Entstanden
- 2012
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