Development of an Analytical Framework for Strategic Bidding in Competitive Electricity Markets: Modeling and Policy Analysis

竞争性电力市场战略招标分析框架的开发：建模和政策分析

• 批准号: 0000577
• 负责人: George Gross
• 金额: $ 30万
• 依托单位: University of Illinois at Urbana-Champaign
• 依托单位国家: 美国
• 项目类别: Continuing Grant
• 财政年份: 2000
• 资助国家: 美国
• 起止时间: 2000-07-01 至 2004-06-30
• 项目状态: 已结题
• 来源: https://www.nsf.gov/awardsearch/showAward?AWD_ID=0000577&HistoricalAwards=false
• 关键词: Development; Analytical; Framework; Strategic; Bidding

This proposal is a well-defined example of collaborative efforts between engineers and economists in the field of competitive electric power industry. This collaboration is essential for development of necessary understanding and computer tools for this industry. More specifically, the proposal deals with a development of a general framework that integrates game-theoretic aspects of power markets with the operational/physical constraint of electric power systems. The object is to develop an analytical framework for studying the design, functioning and performance of alternative market mechanisms, considering the game theoretic aspects of those markets subject to the unique physical constraints of the system. Simulation tools will be developed and utilized to "illustrate the performance of various market designs, rule specifications, regulatory policies, and strategic behavior of the various players.A significant tradeoff is addressed, that between model complexity and study of multifarious solution strategies. Unlike most economic studies, the former is preferred to the latter, as being more realistic and informative in the present context.

这项提议是工程师和经济学家在竞争激烈的电力行业领域合作努力的一个明确例子。这种合作对于为这个行业发展必要的理解和计算机工具是至关重要的。更具体地说，该提案涉及发展一个将电力市场的博弈论方面与电力系统的运营/物理约束相结合的一般框架。其目的是开发一个分析框架，用于研究替代市场机制的设计、功能和性能，同时考虑那些受到系统独特物理约束的市场的博弈论方面。模拟工具将被开发和利用来“展示不同市场设计、规则规范、监管政策和不同参与者的战略行为的表现。在模型复杂性和对各种解决方案策略的研究之间进行了重要的权衡。与大多数经济学研究不同，前者比后者更具现实性和信息量，在目前的背景下更具现实性和信息量。