2018
DOI: 10.1007/s10479-018-2815-1
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Optimal storage and transmission investments in a bilevel electricity market model

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Cited by 26 publications
(17 citation statements)
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“…On the one hand, Sauma and Oren [26] extend the work done in [27]; they analyse different objective functions and consider a spot market where the distinctive ownership structures are reflected (one GENCO can own several units), as proposed in [77]. Pozo et al [35] extend the theoretical work done in [26,27] II III IV V VI VII VIII 1 GEP TEP GEP TEP GEP GEP GEP TEP TEP MO TEP 2 -TEP GEP MO TEP MO GEP GEP MO MO 3 ----MO TEP MO MC 4 -------GO [30] - [28,29] where the complete multi-level model was not solved and only a set of different fixed transmission investment plans were evaluated. The work done in [35] proposes the first complete model; however, they relax the Cournot assumption and consider only perfect competition in the spot market.…”
Section: Proactive Versus Reactive Planning Approachesmentioning
confidence: 99%
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“…On the one hand, Sauma and Oren [26] extend the work done in [27]; they analyse different objective functions and consider a spot market where the distinctive ownership structures are reflected (one GENCO can own several units), as proposed in [77]. Pozo et al [35] extend the theoretical work done in [26,27] II III IV V VI VII VIII 1 GEP TEP GEP TEP GEP GEP GEP TEP TEP MO TEP 2 -TEP GEP MO TEP MO GEP GEP MO MO 3 ----MO TEP MO MC 4 -------GO [30] - [28,29] where the complete multi-level model was not solved and only a set of different fixed transmission investment plans were evaluated. The work done in [35] proposes the first complete model; however, they relax the Cournot assumption and consider only perfect competition in the spot market.…”
Section: Proactive Versus Reactive Planning Approachesmentioning
confidence: 99%
“…Additionally, they consider a network fee so the TRANSCO can recover investments in the case of a flow-based fee regulation, typically used in the US. Later, Weibelzahl and Märtz [29] extend the work in [28], choosing a pessimistic TRANSCO and demonstrating some subsequent uniqueness properties, battery expansion is also considered in their framework.…”
Section: Proactive Versus Reactive Planning Approachesmentioning
confidence: 99%
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“…To do this, we first define a new variable ϑ u,a and replace bilinear term x u,a g u by ϑ u,a . Then we add the constraints in (8) to the model in (6).…”
Section: Minimizementioning
confidence: 99%
“…Zonal pricing aggregates nodes into zones with uniform prices. Ideally, zonal pricing should consider all transmission constraints and the nodal prices inside a zone should be the same [3], [4], [5] and [6]. In practice, a simplified transmission network is taken into account.…”
Section: Introductionmentioning
confidence: 99%