What is it about?
In oligopoly power markets, maintenance of equipments may be scheduled strategically for exercising capacity withholding. In this paper, an approach for analyzing the capacity withholding of generation companies (GenCos) considering integrated generation and transmission maintenance scheduling (IGTMS) is proposed. This approach is based on some indices, which compare different types of power markets to analyze the effect of IGTMS on the capacity withholding of GenCos.
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Why is it important?
The indices provide valuable information about capacity withholding, nodal price distortion, wealth transfer, and loss of social welfare. The complex interactions of IGTMS with the capacity withholding of GenCos are provided with assessing extensive numerical simulations on two IEEE test systems.
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This page is a summary of: Capacity withholding assessment in the presence of integrated generation and transmission maintenance scheduling , IET Generation Transmission & Distribution, June 2017, the Institution of Engineering and Technology (the IET),
DOI: 10.1049/iet-gtd.2016.1431.
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