Electricity | Article
Analysis of the effect of voltage level requirements on an electricity market equilibrium mode
09 March 2016
BY: DELGADILLO Andres, Javier Reneses
International journal of electrical power and energy systems, 2015, Vol. 71, pp. 93-100
This paper presents a conjectural-variation-based equilibrium model of a single-price electricity market. The main characteristic of the model is that the market equilibrium equations incorporate the effect of the voltage constraints on the companies’ strategic behavior. A two-stage optimization model is used to solve the market equilibrium. In the first stage, an equivalent optimization problem is used to compute the day-ahead market clearing process. In the second stage, some generation units have to modify their active and reactive power in order to meet the technical constraints of the transmission network. These generation changes are determined by computing an AC optimal power flow.
logo cadmus Read it on Cadmus


Technical Report
This report was prepared to inform the Carbon Market Policy Dialogue (CMPD) between the European Commission, as the regulator of the EU Emissions Trading System, and the regulatory authorities for [...]
In the 2020 EU ‘Hydrogen Strategy’ the European Commission formally identified renewable hydrogen as a key tool to decarbonise the European energy system and other hard to abate sectors. Since [...]
The price of gas in Europe has increased manifold over the last year. Beyond several measures adopted at Member State level to cushion the impact of high energy prices on [...]
Working Paper
Low-carbon hydrogen is expected to play a key role in the European energy transition. The production of hydrogen using electricity in an electrolysis process is a promising route. However, depending [...]
Contribution to book
Energy communities are gaining increasing relevance in the transition toward more decentralized, decarbonized and digitalized energy systems. They represent a heterogeneous phenomenon, a characteristic that explains the difficulty in providing [...]
Starting from 2018 ‘Year of Multimodality’, the European Commission has put together a number of legislative and policy initiatives relating to better infrastructure, connections, incentives and digital solutions, with a [...]

Join our community

To meet, discuss and learn in the channel that suits you best.