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 Estimation of Marginal Cost Function Using Bid Price and Quantity to Electricity Market - مرکز دانلود ایران میکرو

Estimation of Marginal Cost Function Using Bid Price and Quantity to Electricity Market

A major challenge for designers of competitive electricity markets is to devise market rules for limiting the capability of electricity producers to exercise market power. Market power is the ability of a firm owning generation assets to raise the market price by its bidding behavior, and to profit from such increase. In addition, an important plan of market monitoring units in long term and competition policy framework is to persuade the participants to bid prices near to their marginal costs

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