What objective function should be used for optimal auctions in the ISO/RTO electricity market?

2006 IEEE Power Engineering Society General Meeting, PES

Volumn , Issue , 2006, Pages

  Stern, Gaiy A ^a   Yan, Joseph H ^a   Luh, Peter B ^b   Blankson, William E ^b  

^a SOUTHERN CALIFORNIA EDISON   (United States)

^b UNIVERSITY OF CONNECTICUT   (United States)

Author keywords

Augmented Lagrangian relaxation; Deregulated electricity markets; Offer cost minimization; Payment cost minimization, market clearing price; Surrogate optimization

Indexed keywords

COST FUNCTIONS; COSTS; INDUSTRIAL ECONOMICS; OPTIMIZATION; PROBLEM SOLVING;

AUGMENTED LAGRANGIAN RELAXATION; DEREGULATED ELECTRICITY MARKETS; MARKET CLEARING PRICE; OFFER COST MINIMIZATION; PAYMENT COST MINIMIZATION; SURROGATE OPTIMIZATION;

ELECTRIC INDUSTRY;

EID: 35348864912     PISSN: None     EISSN: None     Source Type: Conference Proceeding    
DOI: 10.1109/pes.2006.1709295     Document Type: Conference Paper

References (12)

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