Production efficiency of nodal and zonal pricing in imperfectly competitive electricity markets

Electricity markets employ different congestion management methods to handle the limited transmission capacity of the power system. This paper compares production efficiency and other aspects of nodal and zonal pricing. We consider two types of zonal pricing: zonal pricing with Available Transmissio...

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Bibliographic Details
Main Authors: Mahir Sarfati, Mohammad Reza Hesamzadeh, Pär Holmberg
Format: Article
Language:English
Published: Elsevier 2019-04-01
Series:Energy Strategy Reviews
Online Access:http://www.sciencedirect.com/science/article/pii/S2211467X19300203