The Nodal Market Power Index (NMP Index) for Modelling and Visualising Market Power

This paper deals with a systematic way for modelling and visualising market power in liberalised electricitymarkets. The paper first introduces a new index termed the “Nodal Market Power” index, the NMP index. The NMP index is calculated based on the concept of “social welfare” in economics and the...

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Bibliographic Details
Main Authors: Hesamzadeh, M., Biggar, D., Wolfs, Peter
Other Authors: Not known
Format: Conference Paper
Published: IEEE Power & energy Society 2010
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/30220