Marginal loss modeling in LMP calculation

IEEE Transactions on Power Systems

Volumn 19, Issue 2, 2004, Pages 880-888

  Litvinov, Eugene ^a   Zheng, Tongxin ^a   Rosenwald, Gary ^b   Shamsollahi, Payman ^b  

^a ISO New England   (United States)

^b ALSTOM   (France)

Author keywords

Electricity market; Marginal pricing; Network losses; Optimization; Power systems

Indexed keywords

ELECTRIC LOSSES; ELECTRIC POWER TRANSMISSION; MATHEMATICAL MODELS; NUMERICAL METHODS; OPTIMIZATION;

ELECTRICITY MARKET; MARGINAL LOSS MODELING; MARGINAL PRICING; STANDARD MARKET DESIGN;

ELECTRIC POWER SYSTEMS;

EID: 2542546568     PISSN: 08858950     EISSN: None     Source Type: Journal    
DOI: 10.1109/TPWRS.2004.825894     Document Type: Article

References (9)

1. (2002) FERC NOPR. [Online]. Available: http://www.ferc.gov./Electric/rto/Mrkt-Strct-comments/nopr/Web-NOPR.pdf
2. PJM Interconnection LLC, "Locational Marginal Pricing". [Online]. Available: http://www.pjm.com/training/downloads/ferc_press.pdf
3. Market Rule 1 [Online]. Available: http://www.iso-ne.com/smd/market_rule_1_and_NEPOOL_manuals/Market_Rule_1/
4. FERC Electric Tariff - Attachment B [Online]. Available: http://www.nyiso.com/services/oatt.html
5. T. Alvey, D. Goodwin, X. Ma, D. Streiffert, and D. Sun, "A security-constrained bid-clearing system for the New Zealand wholesale electricity market," IEEE Trans. Power Syst., vol. 13, pp. 340-346, May 1998.
6. M. Shahidehpour, H. Yamin, and Z. Li, Market Operations in Electric Power Systems. New York: Wiley, 2002.
7. M. Ilic, F. Galiana, and L. Fink, Power Systems Restructuring: Engineering and Economics. Norwell, MA: Kluwer, 1998.
8. Y.-H. Moon et al., "Slack-bus independent penalty factor for regional spot pricing under deregulation," Int. J. Elect. Power Energy Syst., vol. 24, no. 10, pp. 821-826, Dec. 2002.
9. A. J. Wood and B. F. Wollenberg, Power Generation, Operation and Control, 2nd ed. New York: Wiley, 1996.