Transmission and storage expansion planning under imperfect market competition: Social planner versus merchant investor

2021 ◽  
pp. 105591
Author(s):  
Isaac-Camilo Gonzalez-Romero ◽  
Sonja Wogrin ◽  
Tomas Gomez
Keyword(s):  
Market Competition ◽  
Social Planner ◽  
Imperfect Market ◽  
Expansion Planning ◽  
And Storage

scholarly journals Expansion Planning of Electricity Generating System Using the VALORAGUA and WASP-IV Models in Nepal

2016 ◽  
Vol 19 ◽  
pp. 45-51 ◽  
Author(s):  
Jayandra Prasad Shrestha ◽  
Namrata Tusuju Shrestha
Keyword(s):  
Early Stage ◽  
Generation System ◽  
Expansion Planning ◽  
Long Run ◽  
Hydropower Plants ◽  
Expansion Plan ◽  
National Power ◽  
Generation Capacity ◽  
And Storage ◽  
Generating System

This paper presents a framework for a possible expansion plan of Nepal’s electricity generation system using VALORAGUA and Wien Automatic System Planning (WASP-IV) models as examples. Given that Nepal seeks to add several hydropower plants to the Integrated National Power System (INPS) in the next few years, this type of planning is crucial. To explore potential expansion plans, the 48 hydropower plants (20 of which are currently operating) within 18 hydro networks and two diesel plants are included, and different options such as the possibility of export, seasonal variations in hydrology, and projected growth rates in gross domestic product are considered. The results illustrate the long run marginal cost (LRMC) and loss of load probability (LoLP) through 2030 in Nepal. It is found that LRMC is 3.50 Nepali Rupees per kilowatt hour at 4.1% of average LoLP. While scrutinizing the results, it is found that LoLP is higher in early stage of projections due to generation capacity limitations from 2014 to 2016. However, by the end of 2017, the LRMC and LoLP begin to decrease significantly. On this premise, the model suggests to introduce large storage plants for hydropower generation and export of that excess energy. Furthermore, a proper implementation of proposed peaking and storage plants to meet rising demand can offset the need to obtain electricity through more expensive and less environmentally-friendly means such as thermal/diesel plants.HYDRO Nepal JournalJournal of Water, Energy and EnvironmentIssue: 19Page: 45-51

‘Transmission expansion planning under different uncertainties’

2018 ◽  
Vol 4 (10) ◽  
pp. 194-201
Author(s):  
Ercan Şenyiğit
Keyword(s):  
Electricity Market ◽  
Heuristic Method ◽  
Energy Market ◽  
Conduction Model ◽  
Expansion Planning ◽  
Transmission Expansion Planning ◽  
Cross Docking ◽  
Transmission Expansion ◽  
Expansion Plan ◽  
And Storage

This study aimed to determine the transmission expansion plan by considering the uncertainties in the electricity energy market. In the modelling and solution phase, the concept of cross-docking used in logistics and storage will be used, and the electrical conduction model will be created in the cross-docking logic light. With the help of the literature data, the problem will be solved with meta-heuristic method and transmission expansion plan will be established. Our work is aimed to be the interesting modelling work in the field of industrial engineering, addressing many uncertainties in the electricity market. Keywords: ‘Transmission expansion planning, genetic algorithm, uncertainties, electricity, simulation’. 

Cournot and Bertrand Competition in a Model of Spatial Price Discrimination with Differentiated Products

2014 ◽  
Vol 14 (1) ◽  
pp. 251-272 ◽  
Author(s):  
Chia-Hung Sun
Keyword(s):  
Price Discrimination ◽  
Price Competition ◽  
Market Competition ◽  
Consumer Surplus ◽  
Social Planner ◽  
Quantity Competition ◽  
Spatial Price Discrimination ◽  
Location Equilibrium ◽  
Spatial Price ◽  
Cournot And Bertrand Competition

AbstractThis study investigates spatial price discrimination with two types of market competition – price competition and quantity competition – and two kinds of cross-relations between goods – substitutes and complements – with endogenous location choices in a barbell model. The results herein present that the maximum differentiation (end point agglomeration) is the unique location equilibrium with substitutes (complements), irrespective of what type of competition. We demonstrate that if the unit transportation rate is sufficiently high, then consumer surplus, profits, and social welfare are higher under price competition than under quantity competition for both substitutes and complements. This means that introducing a spatial barrier to competition generated through transportation costs may solve the problem of inconsistency from the conflict interests between consumers, firms, and a social planner.

Risk Assessment of Gas Transmission Pipelines in Mexico

1998 ◽  
Author(s):  
Jose L. Martinez ◽  
Héctor G. Alcerreca ◽  
Enrique Rodríguez B. ◽  
Jesus Hernandez
Keyword(s):  
Risk Assessment ◽  
Market Competition ◽  
Smooth Transition ◽  
Open Market ◽  
Gas Industry ◽  
Management Policies ◽  
Risk Magnitude ◽  
Owned Company ◽  
And Storage ◽  
Risk Assessment And Management

In recent years significant changes have taken place in the Mexican gas industry. Activities related to gas transmission, distribution and storage are no longer the exclusive privilege of PEMEX Gas & Petroquimica Basica (PGPB), a traditionally state-owned company. The first priority of PGPB is to ensure a safe, efficient and reliable pipeline network. Several projects have been established to guarantee a smooth transition from a monopoly to open market competition. Among these projects is a pipeline risk assessment and management programme (RAMP), to provide feedback on all safety related conditions of PGPB’s pipeline facilities. This project is planned to have a permanent application within PGPB, although a risk acceptance criteria based upon experience gained through the different project stages has yet to be established. This paper provides an approach adopted to assessing risk in more than 13,000 kilometres of pipeline, regardless of the transported fluid. Risk management is considered to be the step following the risk factors evaluation. However, PGPB is aware of the importance of calculating realistic indexes, so that management policies may be defined according to a well known risk magnitude.

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