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Transmission Congestion Management and Pricing in Simple Auction Electricity Markets

โœ Scribed by Canizares, Claudio A; Chen, Hong; Milano, Federico; Singh, Ajit

Book ID
121665542
Publisher
Walter de Gruyter GmbH & Co. KG
Year
2004
Tongue
English
Weight
362 KB
Volume
1
Category
Article
ISSN
2194-5756

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Transmission Congestion Management and P
Transmission Congestion Management and Pricing in Simple Auction Electricity Markets
โœ Canizares, Claudio A; Chen, Hong; Milano, Federico; Singh, Ajit ๐Ÿ“‚ Article ๐Ÿ“… 2004 ๐Ÿ› Walter de Gruyter GmbH & Co. KG ๐ŸŒ English โš– 362 KB

This paper presents a novel technique to analyze, manage and price transmission congestion in electricity markets based on a simple auction mechanism. The proposed technique is basically an iterative rescheduling algorithm, relying on an ``on-line'' evaluation of the transmission system congestion,