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Previous studies of market power within a regional system have considered multiple competing generation operators and the role of transmission constraints. However, these studies typically assume simplified structures in which each operator is restricted to a unique node in a transmission constrained network. Real systems typically have operators making decisions for units in several zones at once...
Intermittent technologies are enhancing both the economic and technological value of ancillary services in the electric power system. Some of these services commonly denoted as reserves have been liberalized and are offered in the balancing markets in the European Union countries, or in the regulation markets in the USA. This paper presents a deterministic single-node centralized energy and secondary...
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