|Title||Metrics for Application of Revenue Sensitivity Analysis to Predict Market Power Coalitions in the Electricity Markets|
|Publication Type||Conference Paper|
|Year of Publication||2004|
|Authors||Mary B Cain, Fernando L Alvarado|
|Conference Name||North American Power Symposium (NAPS)|
|Conference Location||Moscow, ID|
|Keywords||electricity markets, Market mechanisms, reliability and markets, reliability management|
This paper explores a mathematical method for detecting groups of generators in an electric power system that have the potential to benefit from exercising market power. Applications of this method include metrics for measuring or detecting the possibility of market power. This paper focuses on the properties of revenue and dispatch to bid sensitivity matrices, and develops methods of identifying load pockets from the sensitivity matrices, and how the matrices can provide metrics for market power.
Note: The Proceedings of the 36th Annual North American Power Symposium are not available online.