ECONOMIC MECHANISM OF OPTIMAL LOAD SHARING IN BELARUSSIAN POWER SYSTEM WITH MONOPSONY SPOT MARKET

The economic mechanism of power source loading on the Belarusian wholesale market of electric power is developed in the paper. The mechanism is based on the electric power cost minimization for consumers but not fuel cost as it is in the current vertically-integrated structure of power industry.Pric...

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Main Author: A. M. Zaborovskiy
Format: Article
Language:Russian
Published: Belarusian National Technical University 2006-10-01
Series:Nauka i Tehnika
Online Access:https://sat.bntu.by/jour/article/view/1248
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author A. M. Zaborovskiy
author_facet A. M. Zaborovskiy
author_sort A. M. Zaborovskiy
collection DOAJ
description The economic mechanism of power source loading on the Belarusian wholesale market of electric power is developed in the paper. The mechanism is based on the electric power cost minimization for consumers but not fuel cost as it is in the current vertically-integrated structure of power industry.Price on the wholesale market will be minimal when there is an equality in marginal costs in respect of power purchase from the side of all power-generating companies, which are loaded by a market operator, with correction for transmission losses caused by loading sources of the corresponding power supply company. It is proved that optima of power source loading in the vertically-integrated and vertically-desintegrated power systems are the same in the case when there is a strategic collusion between power supply companies. A new organizational model of the Belarusian power industry with mechanisms stimulating power supply enteфrises to reduce power generation, transmission and distribution costs is considered in the paper. Proposals concerning improvement of tariffication in power industry are made in the paper.
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spelling doaj.art-7908f58c8de3453f863c99c4dce679d52022-12-22T03:45:09ZrusBelarusian National Technical UniversityNauka i Tehnika2227-10312414-03922006-10-0105768110.21122/2227-1031-2006-0-5-76-811174ECONOMIC MECHANISM OF OPTIMAL LOAD SHARING IN BELARUSSIAN POWER SYSTEM WITH MONOPSONY SPOT MARKETA. M. Zaborovskiy0Belarusian National Technical UniversityThe economic mechanism of power source loading on the Belarusian wholesale market of electric power is developed in the paper. The mechanism is based on the electric power cost minimization for consumers but not fuel cost as it is in the current vertically-integrated structure of power industry.Price on the wholesale market will be minimal when there is an equality in marginal costs in respect of power purchase from the side of all power-generating companies, which are loaded by a market operator, with correction for transmission losses caused by loading sources of the corresponding power supply company. It is proved that optima of power source loading in the vertically-integrated and vertically-desintegrated power systems are the same in the case when there is a strategic collusion between power supply companies. A new organizational model of the Belarusian power industry with mechanisms stimulating power supply enteфrises to reduce power generation, transmission and distribution costs is considered in the paper. Proposals concerning improvement of tariffication in power industry are made in the paper.https://sat.bntu.by/jour/article/view/1248
spellingShingle A. M. Zaborovskiy
ECONOMIC MECHANISM OF OPTIMAL LOAD SHARING IN BELARUSSIAN POWER SYSTEM WITH MONOPSONY SPOT MARKET
Nauka i Tehnika
title ECONOMIC MECHANISM OF OPTIMAL LOAD SHARING IN BELARUSSIAN POWER SYSTEM WITH MONOPSONY SPOT MARKET
title_full ECONOMIC MECHANISM OF OPTIMAL LOAD SHARING IN BELARUSSIAN POWER SYSTEM WITH MONOPSONY SPOT MARKET
title_fullStr ECONOMIC MECHANISM OF OPTIMAL LOAD SHARING IN BELARUSSIAN POWER SYSTEM WITH MONOPSONY SPOT MARKET
title_full_unstemmed ECONOMIC MECHANISM OF OPTIMAL LOAD SHARING IN BELARUSSIAN POWER SYSTEM WITH MONOPSONY SPOT MARKET
title_short ECONOMIC MECHANISM OF OPTIMAL LOAD SHARING IN BELARUSSIAN POWER SYSTEM WITH MONOPSONY SPOT MARKET
title_sort economic mechanism of optimal load sharing in belarussian power system with monopsony spot market
url https://sat.bntu.by/jour/article/view/1248
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