Abstract

LONDONO, Sandra M.; LOZANO, Carlos A.  and  CASTRO-ARANDA, Ferley. Methodology for modeling electricity markets using concurrent constraint programming. Ing. compet. [online]. 2013, vol.15, n.2, pp.35-43. ISSN 0123-3033.

This article proposes a methodology to model a competitive electricity market using the concurrent constraint programming paradigm (CCP). The market considered is cleared by merit order and based on the game theory equilibrium model, Supply Function Equilibrium (SFE), with asymmetric step functions with multiple blocks. Also, it shows results for a reference case with 3 generation companies (Gencos) to reveal the model behavior

Keywords : Electricity markets; Constraint programming; Supply Function Equilibrium.

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