Abstract
In this paper, a supply function equilibrium (SFE) model is used to study the impacts of ramp rate limits on generating firms' opportunities in oligopolistic electricity markets. Ramp rate limits are added to the SFE model. Ramp rate limits couple the SFE models of different hours. A heuristic algorithm is presented to solve the coupled SFE models. Existence and uniqueness of solutions are discussed. By applying the presented algorithm to a test system, the impacts of ramp rate limits on the strategic behavior of generating firms are studied.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
