The Researches on Security Price in the Power Market
The deregulation of power system brings a strong impact on all aspects of power industry, and especially the risk on the maintenance of system security. The problem is addressed and researched in this paper. Meanwhile, the paper presents a new price mechanism—security price, which is able to stimulate market participants to actively maintain system security. In addition, security price can also exert its economic leverage to alleviate the congestion of power network and the shortage of short-run capacity.
L. Li et al., "The Researches on Security Price in the Power Market", Applied Mechanics and Materials, Vols. 48-49, pp. 1300-1304, 2011