Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
707296 | The Electricity Journal | 2009 | 5 Pages |
Abstract
The mechanisms of the bid-based economic dispatch and market power mitigation algorithms which result in the market clearing price epitomize the complexity of the new regulatory regime. The augmented Lerner Index presented here offers a method to objectively assess the efficiency of the new structure.
Related Topics
Physical Sciences and Engineering
Energy
Energy Engineering and Power Technology
Authors
Nicholas S. Bowden,