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Article: Reactive market power analysis using must-run indices
| Title | Reactive market power analysis using must-run indices | ||||||
|---|---|---|---|---|---|---|---|
| Authors | |||||||
| Keywords | Electricity market Market power Must-run index Reactive power | ||||||
| Issue Date | 2008 | ||||||
| Publisher | I E E E. The Journal's web site is located at http://ieeexplore.ieee.org/xpl/RecentIssue.jsp?punumber=59 | ||||||
| Citation | Ieee Transactions On Power Systems, 2008, v. 23 n. 2, p. 755-765 How to Cite? | ||||||
| Abstract | This paper investigates the issues of reactive power must-run capacity in power system operations, hence in electricity markets. A must-run index-based method is proposed in the paper to measure the market power held by reactive power suppliers. The Nordic 32-bus system and the IEEE 118-bus system are used to test the proposed method. The market power holders of reactive power found using the proposed method are in accord with that found in the realistic Nordic system operation and in the existing analysis of IEEE 118-bus system. The paper identifies through must-run indices possible conditions that could lead to market power in the case of applying a bid structure within a market framework. Furthermore, market structure drawbacks can cause the appearance of market power even in a topologically ideal system. © 2008 IEEE. | ||||||
| Persistent Identifier | http://hdl.handle.net/10722/57480 | ||||||
| ISSN | 2021 Impact Factor: 7.326 2020 SCImago Journal Rankings: 3.312 | ||||||
| ISI Accession Number ID |
Funding Information: Manuscript received December 27, 2006; revised December 28, 2007. This work was supported in part by the Research Grand Council of Hong Kong under Grant HKU7201/05E and in part by the HKU Seed Funding Program for Basic Research (project code: 200411159086). Paper no. TPWRS-00904-2006. | ||||||
| References | |||||||
| Grants |
| DC Field | Value | Language |
|---|---|---|
| dc.contributor.author | Feng, D | en_HK |
| dc.contributor.author | Zhong, J | en_HK |
| dc.contributor.author | Gan, D | en_HK |
| dc.date.accessioned | 2010-04-12T01:37:41Z | - |
| dc.date.available | 2010-04-12T01:37:41Z | - |
| dc.date.issued | 2008 | en_HK |
| dc.identifier.citation | Ieee Transactions On Power Systems, 2008, v. 23 n. 2, p. 755-765 | en_HK |
| dc.identifier.issn | 0885-8950 | en_HK |
| dc.identifier.uri | http://hdl.handle.net/10722/57480 | - |
| dc.description.abstract | This paper investigates the issues of reactive power must-run capacity in power system operations, hence in electricity markets. A must-run index-based method is proposed in the paper to measure the market power held by reactive power suppliers. The Nordic 32-bus system and the IEEE 118-bus system are used to test the proposed method. The market power holders of reactive power found using the proposed method are in accord with that found in the realistic Nordic system operation and in the existing analysis of IEEE 118-bus system. The paper identifies through must-run indices possible conditions that could lead to market power in the case of applying a bid structure within a market framework. Furthermore, market structure drawbacks can cause the appearance of market power even in a topologically ideal system. © 2008 IEEE. | en_HK |
| dc.language | eng | en_HK |
| dc.publisher | I E E E. The Journal's web site is located at http://ieeexplore.ieee.org/xpl/RecentIssue.jsp?punumber=59 | en_HK |
| dc.relation.ispartof | IEEE Transactions on Power Systems | en_HK |
| dc.rights | ©2008 IEEE. Personal use of this material is permitted. However, permission to reprint/republish this material for advertising or promotional purposes or for creating new collective works for resale or redistribution to servers or lists, or to reuse any copyrighted component of this work in other works must be obtained from the IEEE. | - |
| dc.subject | Electricity market | en_HK |
| dc.subject | Market power | en_HK |
| dc.subject | Must-run index | en_HK |
| dc.subject | Reactive power | en_HK |
| dc.title | Reactive market power analysis using must-run indices | en_HK |
| dc.type | Article | en_HK |
| dc.identifier.openurl | http://library.hku.hk:4550/resserv?sid=HKU:IR&issn=0885-8950&volume=23&issue=2&spage=755&epage=765&date=2008&atitle=Reactive+market+power+analysis+using+must-run+indices | en_HK |
| dc.identifier.email | Zhong, J:jinzhong@hkucc.hku.hk | en_HK |
| dc.identifier.authority | Zhong, J=rp00212 | en_HK |
| dc.description.nature | published_or_final_version | en_HK |
| dc.identifier.doi | 10.1109/TPWRS.2008.919416 | en_HK |
| dc.identifier.scopus | eid_2-s2.0-43849100906 | en_HK |
| dc.identifier.hkuros | 145120 | - |
| dc.relation.references | http://www.scopus.com/mlt/select.url?eid=2-s2.0-43849100906&selection=ref&src=s&origin=recordpage | en_HK |
| dc.identifier.volume | 23 | en_HK |
| dc.identifier.issue | 2 | en_HK |
| dc.identifier.spage | 755 | en_HK |
| dc.identifier.epage | 765 | en_HK |
| dc.identifier.isi | WOS:000258765900055 | - |
| dc.publisher.place | United States | en_HK |
| dc.relation.project | Electric power ancillary services markets | - |
| dc.identifier.scopusauthorid | Feng, D=7401981343 | en_HK |
| dc.identifier.scopusauthorid | Zhong, J=13905948700 | en_HK |
| dc.identifier.scopusauthorid | Gan, D=7005499404 | en_HK |
| dc.identifier.issnl | 0885-8950 | - |