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Nodal, zonal, or uniform electricity pricing : how to deal with network congestion

Title data

Weibelzahl, Martin:
Nodal, zonal, or uniform electricity pricing : how to deal with network congestion.
In: Frontiers in Energy. Vol. 11 (2017) Issue 2 . - pp. 210-232.
ISSN 2095-1698
DOI: https://doi.org/10.1007/s11708-017-0460-z

Abstract in another language

In this paper, the main contributions to congestion management and electricity pricing, i.e., nodal, zonal, and uniform electricity pricing, are surveyed. The key electricity market concepts are structured and a formal model framework is proposed for electricity transportation, production, and consumption in the context of limited transmission networks and competitive, welfare maximizing electricity markets. In addition, the main results of existing short-run and long-run congestion management studies are explicitly summarized. In particular, the important interconnection between short-run network management approaches and optimal long-run investments in both generation facilities and network lines are highlighted.

Further data

Item Type: Article in a journal
Refereed: Yes
Institutions of the University: Research Institutions
Research Institutions > Affiliated Institutes
Research Institutions > Affiliated Institutes > Fraunhofer Project Group Business and Information Systems Engineering
Research Institutions > Affiliated Institutes > FIM Research Center Finance & Information Management
Result of work at the UBT: No
DDC Subjects: 000 Computer Science, information, general works > 004 Computer science
300 Social sciences > 330 Economics
Date Deposited: 03 May 2018 07:01
Last Modified: 03 May 2018 07:01
URI: https://eref.uni-bayreuth.de/id/eprint/43973