Visualizing market power in real-time electric power systems

Leilei Xiong, Thomas J. Overbye

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

Identifying the abuse of market power by generating firms in deregulated electricity markets is frequently difficult because the true costs of generation have become private information. This information is not disclosed to market operators except by special request. Rapid identification of market power abuse is increasingly important as government oversight of the market has been drastically reduced. The ability to visualize market power potential (MPP) in real time can aid in spotting trends in the abuse of market power and facilitate a better understanding of the complex dynamics of the deregulated energy market. This paper introduces a new technique for visualizing market power potential.

Original languageEnglish (US)
Title of host publication41st North American Power Symposium, NAPS 2009
DOIs
StatePublished - Dec 1 2009
Event41st North American Power Symposium, NAPS 2009 - Starkville, MS, United States
Duration: Oct 4 2009Oct 6 2009

Publication series

Name41st North American Power Symposium, NAPS 2009

Other

Other41st North American Power Symposium, NAPS 2009
CountryUnited States
CityStarkville, MS
Period10/4/0910/6/09

ASJC Scopus subject areas

  • Energy Engineering and Power Technology

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  • Cite this

    Xiong, L., & Overbye, T. J. (2009). Visualizing market power in real-time electric power systems. In 41st North American Power Symposium, NAPS 2009 [5484021] (41st North American Power Symposium, NAPS 2009). https://doi.org/10.1109/NAPS.2009.5484021