A Study on Market Power and Compensation for Constrained Off generators under Uniform Pricing Scheme

Uniform Pricing 체계 하에서의 시장지배력과 제약비발전 보상체계

In the framework of competitive electricity market, the Market Power due to the transmission congestion, lack of demand-side response, various uncertain factors etc. have been significant problem. This paper reviews the market rules of Korea power system and the uplift scheme for constrained on/off generators. Then, this paper points out several problems and the mitigation measures of local market power concerning the compensation for constrained-off generators.