Quantitative impact assessment of transmission congestion and demand side management on electricity producers’ market power
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Anupam Mittal
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Kanwardeep Singh
Abstract
This paper presents the impact of transmission congestion and demand side management on Electricity Producers’ market power using the quantitative investigation of pool-based market clearing mechanism. The mathematical problem formulation for pool-based market clearing consists of maximization of social welfare objective function, which incorporates maximization of demand benefit obtained from flexible demand bids and minimization of Electricity Producers’ real and reactive power costs obtained from actual and strategic supply bids. In this problem formulation, the nonlinear modeling of power system is used for real and reactive power flow equality constraints, transmission line capability inequality constraints (for incorporating the impact of transmission congestion), and generator capability curve equality constraints. The impacts of demand side management have been incorporated in the problem by considering single-period and multi-period demand flexibilities, and distributed generation placement at appropriate locations. The formulated optimization problem has been solved using nonlinear programming, which provides the nodal prices as byproducts of the solution. The electricity producers’ capability to exercise market power has been analyzed from their revenue and surplus indices, which have been obtained from nodal prices. Various case studies have been simulated on IEEE 30-bus system for quantitative determination of electricity producers’ market power. The results obtained are very interesting and demonstrate demand side strategies to tackle the electricity producers’ market power with actual and strategic bidding under normal and congested system conditions.
Acknowledgments
Ms. Anupam Mittal is grateful to I.K. Gujral Punjab Technical University, Kapurthala for giving her an opportunity to pursue Ph.D. Degree.
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Research ethics: The authors are committed to the research ethics and followed the same in the present research work.
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Author contributions: The authors accept responsibility for the present research work and research findings.
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Competing interests: The authors state no conflict of interest.
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Research funding: None declared.
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Data availability: The data used in this work have been cited in the paper.
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© 2024 Walter de Gruyter GmbH, Berlin/Boston
Artikel in diesem Heft
- Frontmatter
- Review
- Coupling energy management of power systems with energy hubs through TSO-DSO coordination: a review
- Research Articles
- Quantitative impact assessment of transmission congestion and demand side management on electricity producers’ market power
- A hybrid step-up converter for PV integration with wide input variation acceptability: comprehensive performance and reliability assessment
- Distributed self-healing control of single-phase grounding fault in neutral point non-effective grounding system
- Transmission line tower inclination measurement method based on three-dimensional laser scanning and inter frame difference
- Assessing the cost-effectiveness of electric trucks in Indian food supply chains
- A differential amplitude variation based pilot relaying scheme for microgrid integrated distribution system
- Active cooling of a photovoltaic module in hot-ambient temperatures: theory versus experiment
- Multi-stage voltage sag frequency evaluation based on process immunity in the distribution network
- A new triple voltage gain seven level switched capacitor-based inverter with minimum voltage stress
- The planning method of new energy distribution network in plateau area based on local accommodation
- An experiment-based comparison of different cooling methods for photovoltaic modules
- Simulation and experimental analysis of dynamic thermal rise relaxation characteristics for dry-type distribution transformer
Artikel in diesem Heft
- Frontmatter
- Review
- Coupling energy management of power systems with energy hubs through TSO-DSO coordination: a review
- Research Articles
- Quantitative impact assessment of transmission congestion and demand side management on electricity producers’ market power
- A hybrid step-up converter for PV integration with wide input variation acceptability: comprehensive performance and reliability assessment
- Distributed self-healing control of single-phase grounding fault in neutral point non-effective grounding system
- Transmission line tower inclination measurement method based on three-dimensional laser scanning and inter frame difference
- Assessing the cost-effectiveness of electric trucks in Indian food supply chains
- A differential amplitude variation based pilot relaying scheme for microgrid integrated distribution system
- Active cooling of a photovoltaic module in hot-ambient temperatures: theory versus experiment
- Multi-stage voltage sag frequency evaluation based on process immunity in the distribution network
- A new triple voltage gain seven level switched capacitor-based inverter with minimum voltage stress
- The planning method of new energy distribution network in plateau area based on local accommodation
- An experiment-based comparison of different cooling methods for photovoltaic modules
- Simulation and experimental analysis of dynamic thermal rise relaxation characteristics for dry-type distribution transformer
