Mitigating Market Power and Promoting Competition in Electricity Markets through a Preventive Approach: The Role of Forward Contracts
This paper proposes a novel approach to optimizing the structure of the electricity market by mitigating market power through the use of forward contracts. The IEEE 30 node test system is used as a case study for the paper, which employs nodal pricing and a Cournot model with recursive optimization....
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| Format: | Article |
| Language: | English |
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MDPI AG
2023-04-01
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| Series: | Energies |
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| Online Access: | https://www.mdpi.com/1996-1073/16/8/3543 |