Comparing the Comparative Efficiency of System Marginal Price and Pay as Bid Auctions in Electricity Markets

System marginal price auction and pay as bid auction are common auctions in electricity markets. The present article discusses the impacts of selecting between different common auctions in electricity markets (system marginal price auction and pay as bid auction) on production efficiency, total effi...

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Bibliographic Details
Main Authors: Jamshid Pajooyan, Teimour Mohammai, Faramarz Atbaei
Format: Article
Language:fas
Published: Allameh Tabataba'i University Press 2014-07-01
Series:Pizhūhishnāmah-i Iqtiṣād-i Inirzhī-i Īrān
Subjects:
Online Access:http://jiee.atu.ac.ir/article_559_fd051b366488846fa166224fdecaf1e7.pdf