Proceedings of the KIEE Conference (대한전기학회:학술대회논문집)

The Korean Institute of Electrical Engineers (대한전기학회)
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A Study on the Market Power and Transmission Rights in Electricity

송전권이 지역적 시장지배력에 미치는 영향 고찰

  • 박중성 (홍익대학교 전기정보제어공학과) ;
  • 한석만 (홍익대학교 전기정보제어공학과) ;
  • 김경민 (홍익대학교 전기정보제어공학과) ;
  • 김발호 (홍익대학교 전기정보제어공학과)
  • Published : 2005.07.18
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Abstract

Transmission congestion is one of the Key factor to local market power in competitive electricity markets. Financial transmission rights provide the financial protection to their holders by paying back the congestion cost. However, the market participants who have market power can exacerbate their market power. This paper analyzes the effect of exercising local market power with the rights on the market price. The proposed methodology was demonstrated with the Optimal Power Flow(OPF). Case study is fulfilled by GAMS simulation. The simulation are condusted in case of Nodal Pricing.

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