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Nodal price simulation in competitive electricity markets

dc.contributor.authorFerreira, J.
dc.contributor.authorVale, Zita
dc.contributor.authorPuga, Ricardo
dc.date.accessioned2013-05-15T10:59:13Z
dc.date.available2013-05-15T10:59:13Z
dc.date.issued2009
dc.date.updated2013-04-15T14:38:59Z
dc.description.abstractLocational Marginal Prices (LMP) are important pricing signals for the participants of competitive electricity markets, as the effects of transmission losses and binding constraints are embedded in LMPs [1],[2]. This paper presents a software tool that evaluates the nodal marginal prices considering losses and congestion. The initial dispatch is based on all the electricity transactions negotiated in the pool and in bilateral contracts. It must be checked if the proposed initial dispatch leads to congestion problems; if a congestion situation is detected, it must be solved. An AC power flow is used to verify if there are congestion situations in the initial dispatch. Whenever congestion situations are detected, they are solved and a feasible dispatch (re-dispatch) is obtained. After solving the congestion problems, the simulator evaluates LMP. The paper presents a case study based on the the 118 IEEE bus test network.por
dc.identifier.doi10.1109/EEM.2009.5207169
dc.identifier.isbn978-1-4244-4455-7
dc.identifier.urihttp://hdl.handle.net/10400.22/1578
dc.language.isoengpor
dc.publisherIEEEpor
dc.relation.publisherversionhttp://ieeexplore.ieee.org/xpls/abs_all.jsp?arnumber=5207169por
dc.subjectCongestion managementpor
dc.subjectElectricity marketpor
dc.subjectLocational Marginal Prices (LMP)por
dc.subjectOptimal power flowpor
dc.titleNodal price simulation in competitive electricity marketspor
dc.typeconference object
dspace.entity.typePublication
oaire.citation.conferencePlaceLeuven, 2009por
oaire.citation.title6th International Conference on the European Energy Market (EEM 2009)por
person.familyNameVale
person.givenNameZita
person.identifier632184
person.identifier.ciencia-id721B-B0EB-7141
person.identifier.orcid0000-0002-4560-9544
person.identifier.ridA-5824-2012
person.identifier.scopus-author-id7004115775
rcaap.rightsclosedAccesspor
rcaap.typeconferenceObjectpor
relation.isAuthorOfPublicationff1df02d-0c0f-4db1-bf7d-78863a99420b
relation.isAuthorOfPublication.latestForDiscoveryff1df02d-0c0f-4db1-bf7d-78863a99420b

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