Nodal pricing in a coupled electricity market

Research, Preprint English OPEN
Bjørndal, Endre; Bjørndal, Mette; Cai, Hong;
  • Publisher: FOR
  • Subject: electricity market | VDP::Samfunnsvitenskap: 200::Økonomi: 210::Samfunnsøkonomi: 212 | congestion management | zonal pricing | Congestion Management; Nodal Pricing; Zonal Pricing; Electricity Market | nodal pricing
    • jel: jel:Q00
    acm: TheoryofComputation_GENERAL | TheoryofComputation_MISCELLANEOUS

This paper investigates a pricing model for an electricity market with a hybrid congestion management method, i.e. part of the system applies a nodal pricing scheme and the rest applies a zonal pricing scheme. The model clears the zonal and nodal pricing areas simultane... View more
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