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Distribution systems are the first volunteers experiencing the benefits of smart grids. The smart grid concept impacts the internal legislation and standards in grid-connected and isolated distribution systems. Demand side management, the main feature of smart grids, acquires clear meaning in low voltage distribution systems. In these networks, various coordination procedures are required between...
This paper studies the maintenance decisions of generating companies (GENCOs) which are fully engaged in oligopolistic electricity market. Maintenance decisions in an oligopolistic electricity market have a strategic function, because GENCOs usually have impacts on market prices through capacity outages. The main contribution of this paper is modeling a game theoretic framework to analyze strategic...
In power systems, transmission network constraints and losses can introduce gross distortions in the market for electrical energy. Congestion occurs frequently in weakly connected networks and may split a market into regions unable to compete properly with each other. The oligopoly structure of the market and the network constraints may produce results far from the perfect competition. This may cause...
This paper describes generation maintenance scheduling in an oligopolistic environment as a strategic decision. Maintenance decisions in an oligopolistic electricity market have a strategic function, because GENCOs usually have impacts on market prices through capacity outages. The main contribution of this paper is modeling a game theoretic framework to analyze strategic behaviors of GENCOs. Each...
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