4.7 Article

Generation Investment Equilibria With Strategic Producers-Part II: Case Studies

Journal

IEEE TRANSACTIONS ON POWER SYSTEMS
Volume 28, Issue 3, Pages 2623-2631

Publisher

IEEE-INST ELECTRICAL ELECTRONICS ENGINEERS INC
DOI: 10.1109/TPWRS.2012.2235468

Keywords

Bilevel model; equilibrium problem with equilibrium constraints (EPEC); generation investment equilibria; mathematical program with equilibrium constraints (MPEC); strategic producer

Funding

  1. Ministry of Economy and Competitiveness of Spain through CICYT Project [DPI2009-09573]

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This paper analyzes numerically the approach reported in the companion paper for identifying generation investment equilibria in an electricity market where the producers behave strategically. To this end, a two-node illustrative example and a large-scale case study based on the IEEE reliability test system (RTS) are examined and the results obtained are reported and discussed.

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