Simulation of congestion management and security constraints in the Nordic electricity market

dc.contributor.author	Bjørndal, Endre
dc.contributor.author	Bjørndal, Mette
dc.contributor.author	Gribkovskaia, Victoria
dc.date.accessioned	2014-08-20T07:42:22Z
dc.date.available	2014-08-20T07:42:22Z
dc.date.issued	2014-06
dc.identifier.uri	http://hdl.handle.net/11250/217652
dc.description.abstract	Presently in the Nordic day-ahead market, zonal pricing or market splitting is used for relieving congestion between a predetermined set of price areas. Constraints internal to the price areas are resolved by counter trading or redispatching in the regulation market. In a model of the Nordic electricity market we consider an hourly case from winter 2010 and present analyses of the effects of different congestion management methods on prices, quantities, surpluses and network utilization. We also study the effects of two different ways of taking into account security constraints.	nb_NO
dc.language.iso	eng	nb_NO
dc.publisher	FOR	nb_NO
dc.relation.ispartofseries	Discussion papers;30/14
dc.subject	VDP::Samfunnsvitenskap: 200::Økonomi: 210::Samfunnsøkonomi: 212	nb_NO
dc.subject	congestion management	nb_NO
dc.subject	zonal pricing	nb_NO
dc.subject	dayahead matket simulation	nb_NO
dc.title	Simulation of congestion management and security constraints in the Nordic electricity market	nb_NO
dc.type	Working paper	nb_NO