Generation Investment Equilibria With Strategic Producers-Part II: Case Studies

Jalal Kazempour, Antonio J. Conejo, Carlos Ruiz

Research output: Contribution to journalJournal articleResearchpeer-review


This paper analyzes numerically the approach reported in the companion paper for identifying generation investment equilibria in an electricity market where the producers behave strategically. To this end, a two-node illustrative example and a large-scale case study based on the IEEE reliability test system (RTS) are examined and the results obtained are reported and discussed.
Original languageEnglish
JournalI E E E Transactions on Power Systems
Issue number3
Pages (from-to)2623-2631
Number of pages9
Publication statusPublished - 2013
Externally publishedYes


  • Electrical and Electronic Engineering
  • Energy Engineering and Power Technology
  • Bilevel model
  • equilibrium problem with equilibrium constraints (EPEC)
  • generation investment equilibria
  • mathematical program with equilibrium constraints (MPEC)
  • strategic producer
  • Bi-level models
  • Equilibrium problem with equilibrium constraint (EPEC)
  • Generation investment
  • Mathematical program with equilibrium constraints
  • Electrical engineering
  • Energy resources
  • Investments
  • Production
  • Monopoly
  • Buildings
  • Power transmission lines
  • Computer aided software engineering
  • Security
  • Power system management, operation and economics
  • Reliability
  • electricity supply industry
  • investment
  • power generation economics
  • power markets
  • power system reliability
  • electricity market
  • large-scale case study
  • IEEE reliability test system


Dive into the research topics of 'Generation Investment Equilibria With Strategic Producers-Part II: Case Studies'. Together they form a unique fingerprint.

Cite this