Advanced pricing in electrical systems part i: theory

IEEE Transactions on Power Systems

Volumn 12, Issue 1, 1997, Pages 489-495

  Baughman, Martin L ^a  

^a UNIVERSITY OF TEXAS AT AUSTIN   (United States)

Author keywords

Ancillary services; Optimal power flow; Real time pricing

Indexed keywords

ELECTRIC LOAD FLOW; ELECTRIC RATES; MATHEMATICAL MODELS; SYSTEM THEORY;

ANCILLARY SERVICES; OPTIMAL POWER FLOW (OPF); REAL TIME PRICING;

ELECTRIC POWER DISTRIBUTION;

EID: 0031078465     PISSN: 08858950     EISSN: None     Source Type: Journal    
DOI: 10.1109/59.575799     Document Type: Article

References (13)

1. Vickery, William, "Responsive Pricing and Public Utility Services," Bell Journal of Economics and Management Science, Vol. 2, 1971, pp. 337-346.
2. Schweppe, Fred, Caramanis, Michael, Tabors, Richard, and Bohn, Roger, Spot Pricing of Electricity, Kluwer Academic Publishers, Boston, MA, 1988.
3. Caramanis, M.C. , Bohn, R.E. , and Schweppe, F. C. , "System Security Control and Optimal Pricing of Electricity,"Electric Power and Energy Systems, Vol. 9, No. 4, October, 1987, pp. 217-224.
4. Alvarado, Fernando; Hu, Yi; Ray, Dennis; Stevenson, Rodney; and Cashman, Eileen, "Engineering Foundations for Determination of Security Costs," IEEE Transactions on Power Systems, Vol. 6, No. 3, August, 1991, pp. 1175-1182.
5. Kaye, R.J. , Wu, F.F. , and Varaiya, P. , "Pricing for System Security," Paper 92-WM-100-8, IEEE Winter Power Meeting, New York, NY, January 26-30, 1992.
6. Berger, Authur W. , and Schweppe, Fred C. , "Real Time Pricing to Assist in Load Frequency Control," IEEE Transactions on Power Systems, Vol. 4, No. 3, August, 1989, pp. 920-926.
7. Baughman, Martin L. and Siddiqi, Shams N. , "Real-Time Pricing of Reactive Power: Theory and Case Study Results," IEEE Transactions on Power Systems, Vol. 6, No. 1, February, 1991, pp. 23-29.
8. Siddiqi, Shams, and Baughman, Martin L. , "Reliability Differentiated Pricing of Spinning Reserve," Paper 94-SM-527-2, IEEE 1994 Summer Power Meeting, San Francisco, CA, July 24-28, 1994.
9. Federal Energy Regulatory Commission, Promoting Wholesale Competition Through Access Non-Discriminatory Services by Public Utilities, Docket No. RM95-8-000, May 29, 1995.
10. Baughman, Martin L. , Siddiqi, Shams N. , and Zarnikau, Jay W. , "Advanced Pricing in Electrical Systems, Part II: Implications," submitted for presentation to the IEEE 1996 Winter Power Meeting, Baltimore, MD, January 21-25, 1996.
11. Baughman, Martin L. , Siddiqi, Shams N. , and Zarnikau, Jay W. , "Comprehensive Electrical Systems Planning," Draft Final Report, EPRI Project RP3581-03, prepared by Center for Energy Studies, The University of Texas at Austin, Austin, Texas, February 1994.
12. Baughman, Martin L. , Siddiqi, Shams N. , and Zarnikau, Jay W. , "Advanced Pricing in Electrical Systems," Center for Energy Studies, The University of Texas at Austin, Austin, Texas, February 1993.
13. Intriligator, Michael, Mathematical Optimization and Economic Theory, Prentice-Hall, Inc. , Englewood Cliffs, NJ, 1971.