The effects of transmission capacities on market outcomes: An agent-based approach

@article{Saguan2005TheEO,
  title={The effects of transmission capacities on market outcomes: An agent-based approach},
  author={Marcelo Saguan and Nenad Keseric and J. M. Glachant and P. Bastard and Robert Haas},
  journal={2005 IEEE Russia Power Tech},
  year={2005},
  pages={1-7}
}
In this paper a new approach is used to address the issue of quantifying market outcomes depending on level of competition and reduction of transmission capacities. In a deregulated electricity market, the capacity of transmission lines determines the degree to which generators in different locations compete with the other. Beside the fact that different agents have specific generation mix (cost functions) the reasons could be found in exerting market power by large generation firms causing… CONTINUE READING

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