Market simulation for LMP forecasting

2009 IEEE Power and Energy Society General Meeting, PES '09

Volumn , Issue , 2009, Pages

  Frowd, Rod ^a   Papalexopoulos, Alex ^b  

^a ECCO International   (Australia)

^b ECCO International   (United States)

Author keywords

Financial Transmission Rights; FTR CRR allocation and auction; Hedging; Locational Marginal Pricing; Point to Point FTRs CRRs; Wholesale competitive market

Indexed keywords

CALIFORNIA; COMPETITIVE MARKETS; ENERGY MARKETS; FINANCIAL TRANSMISSION RIGHT; LOCATIONAL MARGINAL PRICE FORECASTING; LOCATIONAL MARGINAL PRICING; MARKET SIMULATION; NATIONAL MARKETS; NUMERICAL RESULTS;

COSTS; ELECTRIC LOAD FORECASTING; POTENTIAL ENERGY; POTENTIAL ENERGY SURFACES;

COMMERCE;

EID: 71849102725     PISSN: None     EISSN: None     Source Type: Conference Proceeding    
DOI: 10.1109/PES.2009.5275346     Document Type: Conference Paper

References (11)

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2. William Hogan, "Financial Transmission Rights Formulations," Harvard University, March 2002.
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4. Robert Wilson, "Market Architecture," Presidential speech at the annual meeting of Econometrica Society.
5. Hung-po Chao, and Stephen Peck, "A Market Mechanism for Electric Power Transmission," Journal of Regulatory Economics, 10:1, 25-59, 1996.
6. Alex Papalexopoulos and Roger Treinen, "Transmission Rights Alternatives," presented at the 3rd Mediterranean Conference and Exhibition on Power Generation, Transmission, Distribution and Energy Conversion, Athens, Greece, 4-6, November 2002.
7. Richard O'Neill, Udi Helman, Ross Baldick,William Stewart and Michael Rothkopf", "Contingent Transmission Rights in the Standard Market Design," IEEE Transactions on Power Systems, Vol. 18, Num. 4, November 2003, pages,1331-1337.
8. FERC NOPR "Long-Term Firm Transmission Rights in Organized Electricity Markets," Docket No. RM06-8-000.
9. "Business Practice Manual for Congestion Revenue Rights," California Independent System Operator, http://www.caiso.com/.
10. Roger Treinen Alex Papalexopoulos, "Important Practical Considerations in Designing an FTR Market," presented at the IEEE PES Meeting, St. Petersburg, Russia, June 27-30, 2005.
11. Litvinov, E.; Tongxin Zheng; Rosenwald, G.; Shamsollahi, P., "Marginal loss modeling in LMP calculation", IEEE Transactions on Power Systems, Volume 19, Issue 2, May 2004 Page(s): 880-888.