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On Cournot Equilibria in Electricity Transmission Networks
We consider electricity pool markets in radial transmission networks in which the lines have capacities. At each node there is a strategic generator injecting generation quantities into the pool. Prices are determined by a linear competitive fringe at each node (or equivalently a linear demand function) through a convex dispatch optimization. We derive a set of linear inequalities satisfied by the line capacities that gives necessary and sufficient conditions for the unconstrained one-shotdoi:10.1287/opre.1100.0830 fatcat:lki2lirbjjacnjftxo4pwnziqu