Artikel
Lizenziert
Nicht lizenziert
Erfordert eine Authentifizierung
Efficient Market Design and Public Goods, Part II: Theoretical Results
-
David Toomey
Veröffentlicht/Copyright:
14. Januar 2010
Electric power is traditionally comprised of valued services, including real and reactive power, voltage, frequency and reliability in its most general sense. In this second part of our two-part paper we show mathematically that of these, only real and reactive power are purely private goods, in that power consumed by one customer cannot be used by another and customers can be excluded from receiving any power. The other ancillary services, including voltage, frequency and reliability are shown to be public goods. The first order conditions presented clearly illustrate that the public goods occurring in electric power systems comprise a significant problem for market design.
Published Online: 2010-1-14
©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
Sie haben derzeit keinen Zugang zu diesem Inhalt.
Sie haben derzeit keinen Zugang zu diesem Inhalt.
Artikel in diesem Heft
- Article
- Design of New Load Balancers for Modern High Speed Railway Systems
- Alleviation of Network Overloads Using Concept of Virtual Flows
- Forecasting of Short-Term Electric Load Using Application of Wavelets with Feed-Forward Neural Networks
- Efficient Market Design and Public Goods, Part I: Economic Models
- Efficient Market Design and Public Goods, Part II: Theoretical Results
- Classification of Power Quality Disturbances Using Parzen Kernels
- Detection of Saturation and Reconstruction of the Secondary Current of a CT
- A New Blocking Scheme for Distance Protection during Power Swings
- Unit Commitment by Structure Based Solution and Efficient Lagrangian Relaxation
- Modeling Shaft Damping of Turbine-Generator in Electromagnetic Transient Simulation
Schlagwörter für diesen Artikel
public goods;
private goods;
electric power markets;
power system economics
Artikel in diesem Heft
- Article
- Design of New Load Balancers for Modern High Speed Railway Systems
- Alleviation of Network Overloads Using Concept of Virtual Flows
- Forecasting of Short-Term Electric Load Using Application of Wavelets with Feed-Forward Neural Networks
- Efficient Market Design and Public Goods, Part I: Economic Models
- Efficient Market Design and Public Goods, Part II: Theoretical Results
- Classification of Power Quality Disturbances Using Parzen Kernels
- Detection of Saturation and Reconstruction of the Secondary Current of a CT
- A New Blocking Scheme for Distance Protection during Power Swings
- Unit Commitment by Structure Based Solution and Efficient Lagrangian Relaxation
- Modeling Shaft Damping of Turbine-Generator in Electromagnetic Transient Simulation
