메뉴 건너뛰기




Volumn 4, Issue 2, 2010, Pages 315-323

Design and operation of the locational marginal prices-based electricity markets

Author keywords

[No Author keywords available]

Indexed keywords

CONGESTION MANAGEMENT; DESIGN AND OPERATIONS; ELECTRICITY MARKET; LOCATIONAL MARGINAL PRICES; MARKET DESIGN; NEW DIRECTIONS; NEW ENGLAND; SYSTEM OPERATOR;

EID: 77953388529     PISSN: 17518687     EISSN: None     Source Type: Journal    
DOI: 10.1049/iet-gtd.2009.0046     Document Type: Article
Times cited : (137)

References (48)
  • 2
    • 0003764550 scopus 로고
    • Spot pricing of electricity
    • Kluwer Academic Publishers, Norwell
    • Schweppe, F.C. Caramanis, M.C. Tabors, R.D. Bohn, R.E.: 'Spot pricing of electricity', (Kluwer Academic Publishers, Norwell 1988)
    • (1988)
    • Schweppe, F.C.1    Caramanis, M.C.2    Tabors, R.D.3    Bohn, R.E.4
  • 3
    • 34249835223 scopus 로고
    • Contract networks for electric power transmission
    • Hogan, W.W.: 'Contract networks for electric power transmission', J. Regul. Econ., 1992, 4, (3), p. 211-242
    • (1992) J. Regul. Econ. , vol.4 , Issue.3 , pp. 211-242
    • Hogan, W.W.1
  • 4
    • 0005037996 scopus 로고    scopus 로고
    • Using mathematical programming for electricity spot pricing
    • 0969-6016
    • Hogan, W.W. Read, E.G. Ring, B.J.: 'Using mathematical programming for electricity spot pricing', Int. Trans. Oper. Res., 1996, 3, (3/4), p. 209-221, 0969-6016
    • (1996) Int. Trans. Oper. Res. , vol.3 , Issue.3-4 , pp. 209-221
    • Hogan, W.W.1    Read, E.G.2    Ring, B.J.3
  • 5
    • 77953463666 scopus 로고    scopus 로고
    • Dispatch based pricing in decentralized power systems 1995, PhD, University of Canterbury
    • Ring, B.J.: 'Dispatch based pricing in decentralized power systems', 1995, PhD, University of Canterbury
    • Ring, B.J.1
  • 6
    • 0033888739 scopus 로고    scopus 로고
    • Competition in generation: the economic foundations
    • 0018-9219
    • Green, R.: 'Competition in generation: the economic foundations', Proc. IEEE, 2000, 88, (2), p. 128-139, 0018-9219
    • (2000) Proc. IEEE , vol.88 , Issue.2 , pp. 128-139
    • Green, R.1
  • 7
    • 0033892010 scopus 로고    scopus 로고
    • Transmission management in the deregulated environment
    • 10.1109/5.823997, 0018-9219
    • Christie, R.D. Wollenberg, B.F. Wangensteen, I.: 'Transmission management in the deregulated environment', Proc. IEEE, 2000, 88, (2), p. 170-195, 10.1109/5.823997, 0018-9219
    • (2000) Proc. IEEE , vol.88 , Issue.2 , pp. 170-195
    • Christie, R.D.1    Wollenberg, B.F.2    Wangensteen, I.3
  • 8
    • 0032074064 scopus 로고    scopus 로고
    • Transmission congestion management in competitive electricity markets
    • 10.1109/59.667399, 0885-8950
    • Singh, H. Hao, S. Papalexopoulos, A.: 'Transmission congestion management in competitive electricity markets', IEEE Trans. Power Syst., 1998, 13, (2), p. 672-680, 10.1109/59.667399, 0885-8950
    • (1998) IEEE Trans. Power Syst. , vol.13 , Issue.2 , pp. 672-680
    • Singh, H.1    Hao, S.2    Papalexopoulos, A.3
  • 9
    • 34548030700 scopus 로고    scopus 로고
    • A general formulation for LMP evaluation
    • 0885-8950
    • Orfanogianni, T. Gross, G.: 'A general formulation for LMP evaluation', IEEE Trans. Power Syst., 2007, 22, (3), p. 1163-1173, 0885-8950
    • (2007) IEEE Trans. Power Syst. , vol.22 , Issue.3 , pp. 1163-1173
    • Orfanogianni, T.1    Gross, G.2
  • 10
    • 0038180800 scopus 로고    scopus 로고
    • Converting system limits to market signals
    • 10.1109/TPWRS.2003.810669, 0885-8950
    • Alvarado, F.L.: 'Converting system limits to market signals', IEEE Trans. Power Syst., 2003, 18, (2), p. 422-427, 10.1109/TPWRS.2003.810669, 0885-8950
    • (2003) IEEE Trans. Power Syst. , vol.18 , Issue.2 , pp. 422-427
    • Alvarado, F.L.1
  • 11
    • 0013029738 scopus 로고    scopus 로고
    • Market operations in electric power systems: forecasting, scheduling, and risk management
    • Wiley-IEEE Press
    • Shahidehpour, M. Yamin, H. Li, Z.: 'Market operations in electric power systems: forecasting, scheduling, and risk management', (Wiley-IEEE Press 2002)
    • (2002)
    • Shahidehpour, M.1    Yamin, H.2    Li, Z.3
  • 12
    • 10444281639 scopus 로고    scopus 로고
    • Efficient market-clearing prices in markets with non-convexities
    • 10.1016/j.ejor.2003.12.011, 0377-2217
    • O'Neill, R.P. Sotkiewicz, P.M. Hobbs, B.F. Rothkopf, M.H. Stewart, W.R.: 'Efficient market-clearing prices in markets with non-convexities', Eur. J. Oper. Res., 2005, 164, (1), p. 269-285, 10.1016/j.ejor.2003.12.011, 0377-2217
    • (2005) Eur. J. Oper. Res. , vol.164 , Issue.1 , pp. 269-285
    • O'Neill, R.P.1    Sotkiewicz, P.M.2    Hobbs, B.F.3    Rothkopf, M.H.4    Stewart, W.R.5
  • 13
    • 27744444682 scopus 로고    scopus 로고
    • On minimum-uplift pricing for electricity markets
    • http://ksghome.harvard.edu/~whogan/minuplift_031903.pdf, accessed January 2009
    • Hogan, W.W. Ring, B.J.: 'On minimum-uplift pricing for electricity markets', http://ksghome.harvard.edu/~whogan/minuplift_031903.pdf, accessed January 2009
    • Hogan, W.W.1    Ring, B.J.2
  • 14
    • 63149149091 scopus 로고    scopus 로고
    • Market-clearing electricity prices and energy uplift
    • http://ksghome.harvard.edu/~whogan/Gribik_Hogan_Pope_Price_Uplift_123107 .pdf, accessed January 2009
    • Gribik, P.R. Hogan, W.W. Pope, S.L.: 'Market-clearing electricity prices and energy uplift', http://ksghome.harvard.edu/~whogan/Gribik_Hogan_Pope_Price_Uplift_123107 .pdf, accessed January 2009
    • Gribik, P.R.1    Hogan, W.W.2    Pope, S.L.3
  • 17
    • 0033221748 scopus 로고    scopus 로고
    • Thermal plant bids and market clearing in an electricity pool: minimization of costs vs. minimization of consumer payments
    • 0885-8950
    • Alonso, J. Trias, A. Gaitan, V. Alba, J.J.: 'Thermal plant bids and market clearing in an electricity pool: minimization of costs vs. minimization of consumer payments', IEEE Trans. Power Syst., 1999, 14, (4), p. 1327-1334, 0885-8950
    • (1999) IEEE Trans. Power Syst. , vol.14 , Issue.4 , pp. 1327-1334
    • Alonso, J.1    Trias, A.2    Gaitan, V.3    Alba, J.J.4
  • 18
    • 0036474367 scopus 로고    scopus 로고
    • Production cost minimization versus consumer payment minimization in electricity pools
    • 0885-8950
    • Vázquez, C. Rivier, M. Perez-Arriaga, I.J.: 'Production cost minimization versus consumer payment minimization in electricity pools', IEEE Trans. Power Syst., 2002, 17, (1), p. 119-127, 0885-8950
    • (2002) IEEE Trans. Power Syst. , vol.17 , Issue.1 , pp. 119-127
    • Vázquez, C.1    Rivier, M.2    Perez-Arriaga, I.J.3
  • 19
    • 9244263997 scopus 로고    scopus 로고
    • Minimum consumer payment scheduling and pricing in electricity markets
    • 14th Seville, Spain, June
    • Ren, Y. Galiana, F.D.: 'Minimum consumer payment scheduling and pricing in electricity markets', 14th Power System Computation Conf., Seville, Spain, June 2002
    • (2002) Power System Computation Conf.
    • Ren, Y.1    Galiana, F.D.2
  • 20
    • 43849105564 scopus 로고    scopus 로고
    • Payment cost minimization auction for deregulated electricity markets with transmission capacity constraints
    • 0885-8950
    • Zhao, F. Luh, P.B. Yan, J.H. Stern, G.A. Chang, S.-C.: 'Payment cost minimization auction for deregulated electricity markets with transmission capacity constraints', IEEE Trans. Power Syst., 2008, 23, (2), p. 532-544, 0885-8950
    • (2008) IEEE Trans. Power Syst. , vol.23 , Issue.2 , pp. 532-544
    • Zhao, F.1    Luh, P.B.2    Yan, J.H.3    Stern, G.A.4    Chang, S.-C.5
  • 21
    • 55549103364 scopus 로고    scopus 로고
    • An agent-based test bed study of wholesale power market performance measures
    • Somani, A. Tesfatsion, L.: 'An agent-based test bed study of wholesale power market performance measures', IEEE Comput. Intel. Mag., 2008, 3, (4), p. 56-72
    • (2008) IEEE Comput. Intel. Mag. , vol.3 , Issue.4 , pp. 56-72
    • Somani, A.1    Tesfatsion, L.2
  • 22
    • 77649320910 scopus 로고    scopus 로고
    • Alternative auction objectives and pricing schemes in short-term electricity markets
    • Calgary, Canada, July
    • Litvinov, E. Zhao, F. Zheng, T.: 'Alternative auction objectives and pricing schemes in short-term electricity markets', Proc. PES General Meeting, Calgary, Canada, July 2009
    • (2009) Proc. PES General Meeting
    • Litvinov, E.1    Zhao, F.2    Zheng, T.3
  • 23
    • 0003464938 scopus 로고
    • Nonlinear pricing
    • Oxford University Press
    • Wilson, R.B.: 'Nonlinear pricing', (Oxford University Press 1992)
    • (1992)
    • Wilson, R.B.1
  • 24
    • 10444282536 scopus 로고    scopus 로고
    • Fundamentals of power system economics
    • Wiley
    • Kirschen, D.S. Strbac, G.: 'Fundamentals of power system economics', (Wiley 2004)
    • (2004)
    • Kirschen, D.S.1    Strbac, G.2
  • 25
    • 0003713964 scopus 로고    scopus 로고
    • Nonlinear programming
    • 2nd edn. Athena Scientific, Belmont, MA
    • Bertsekas, D.P.: 'Nonlinear programming', 2nd edn.(Athena Scientific, Belmont, MA 2003)
    • (2003)
    • Bertsekas, D.P.1
  • 26
    • 77953451572 scopus 로고    scopus 로고
    • 'Transmission and dispatching operations', NYISO Manual 12, http://www.nyiso.com/public/webdocs/documents/manuals/operations/trans_d isp.pdf, accessed January 2009
    • 'Transmission and dispatching operations', NYISO Manual 12, http://www.nyiso.com/public/webdocs/documents/manuals/operations/trans_d isp.pdf, accessed January 2009
  • 27
    • 77953396360 scopus 로고    scopus 로고
    • 'PJM Manual 11: scheduling operations', http://www.pjm.com/~/media/documents/manuals/m11.ashx, accessed January 2009
    • 'PJM Manual 11: scheduling operations', http://www.pjm.com/~/media/documents/manuals/m11.ashx, accessed January 2009
  • 28
    • 77953387596 scopus 로고    scopus 로고
    • 'ISO New England manual for market operations. Manual M-11', http://www.isone.com/rules_proceds/isone_mnls/index.html, accessed January 2009
    • 'ISO New England manual for market operations. Manual M-11', http://www.isone.com/rules_proceds/isone_mnls/index.html, accessed January 2009
  • 29
    • 0038519587 scopus 로고    scopus 로고
    • Experience with PJM market operation, system design, and implementation
    • 10.1109/TPWRS.2003.810698
    • Ott, A.: 'Experience with PJM market operation, system design, and implementation', IEEE Transactions on Power Systems, 2003, 18, (2), p. 528-534, 10.1109/TPWRS.2003.810698
    • (2003) IEEE Transactions on Power Systems , vol.18 , Issue.2 , pp. 528-534
    • Ott, A.1
  • 30
    • 0018012030 scopus 로고
    • Power system security control calculations using linear programming, Parts I and II
    • 0018-9510
    • Stott, B. Hobson, E.: 'Power system security control calculations using linear programming, Parts I and II', IEEE Trans. Power Appar. Syst., 1978, 97, (5), p. 1713-1731, 0018-9510
    • (1978) IEEE Trans. Power Appar. Syst. , vol.97 , Issue.5 , pp. 1713-1731
    • Stott, B.1    Hobson, E.2
  • 31
    • 0025472139 scopus 로고
    • Further developments in LP-based optimal power flow
    • 10.1109/59.65896, 0885-8950
    • Alsac, O. Bright, J. Prais, M. Stott, B.: 'Further developments in LP-based optimal power flow', IEEE Trans. Power Syst., 1990, 5, (3), p. 697-711, 10.1109/59.65896, 0885-8950
    • (1990) IEEE Trans. Power Syst. , vol.5 , Issue.3 , pp. 697-711
    • Alsac, O.1    Bright, J.2    Prais, M.3    Stott, B.4
  • 32
    • 0023592567 scopus 로고
    • Security analysis and optimization
    • 0018-9219
    • Stott, B. Alsac, O. Monticelli, A.J.: 'Security analysis and optimization', Proc. IEEE, 1987, 75, (12), p. 1623-1644, 0018-9219
    • (1987) Proc. IEEE , vol.75 , Issue.12 , pp. 1623-1644
    • Stott, B.1    Alsac, O.2    Monticelli, A.J.3
  • 33
    • 77953403247 scopus 로고    scopus 로고
    • A SuperOPF framework for improved allocation and valuation of system resources through co-optimization
    • http://www.pserc.org/cgi-pserc/getbig/generalinf/presentati/psercsemin1/ 4psercsemin/zimmerman_superopf-framework-2008-11-04.pdf, accessed January 2009
    • Zimmerman, R.: 'A SuperOPF framework for improved allocation and valuation of system resources through co-optimization', http://www.pserc.org/cgi-pserc/getbig/generalinf/presentati/psercsemin1/ 4psercsemin/zimmerman_superopf-framework-2008-11-04.pdf, accessed January 2009
    • Zimmerman, R.1
  • 34
    • 28244497768 scopus 로고    scopus 로고
    • Locational marginal price sensitivities
    • 10.1109/TPWRS.2005.857918, 0885-8950
    • Conejo, A.J. Castillo, E. Minguez, R. Milano, F.: 'Locational marginal price sensitivities', IEEE Trans. Power Syst., 2005, 20, (4), p. 2026-2033, 10.1109/TPWRS.2005.857918, 0885-8950
    • (2005) IEEE Trans. Power Syst. , vol.20 , Issue.4 , pp. 2026-2033
    • Conejo, A.J.1    Castillo, E.2    Minguez, R.3    Milano, F.4
  • 35
    • 0040555737 scopus 로고
    • Power generation, control, and operation
    • Wiley, New York
    • Wood, A.J. Wollenberg, B.F.: 'Power generation, control, and operation', (Wiley, New York 1984)
    • (1984)
    • Wood, A.J.1    Wollenberg, B.F.2
  • 36
    • 2542546568 scopus 로고    scopus 로고
    • Marginal loss modeling in LMP calculation
    • 10.1109/TPWRS.2004.825894, 0885-8950
    • Litvinov, E. Zheng, T. Rosenwald, G. Shamsollahi, P.: 'Marginal loss modeling in LMP calculation', IEEE Trans. Power Syst., 2004, 19, (2), p. 880-888, 10.1109/TPWRS.2004.825894, 0885-8950
    • (2004) IEEE Trans. Power Syst. , vol.19 , Issue.2 , pp. 880-888
    • Litvinov, E.1    Zheng, T.2    Rosenwald, G.3    Shamsollahi, P.4
  • 37
    • 24944493789 scopus 로고    scopus 로고
    • Power flow and LMP fundamentals
    • http://www.isone.com/support/training/courses/wem301/lmp.pdf, accessed January 2009
    • Litvinov, E.: 'Power flow and LMP fundamentals', http://www.isone.com/support/training/courses/wem301/lmp.pdf, accessed January 2009
    • Litvinov, E.1
  • 38
    • 14844329080 scopus 로고    scopus 로고
    • On market clearing prices higher than the highest bid and other almost paranormal phenomena
    • O'Neill, R. Mead, D. Malvadkar, P.: 'On market clearing prices higher than the highest bid and other almost paranormal phenomena', Electr. J., 2000, 18, (2), p. 19-27
    • (2000) Electr. J. , vol.18 , Issue.2 , pp. 19-27
    • O'Neill, R.1    Mead, D.2    Malvadkar, P.3
  • 39
    • 0032071092 scopus 로고    scopus 로고
    • A security-constrained bid-clearing system for the New Zealand wholesale electricity market
    • 0885-8950
    • Trevor, A. Goodwin, D. Ma, X. Streifert, D. Sun, D.: 'A security-constrained bid-clearing system for the New Zealand wholesale electricity market', IEEE Trans. Power Syst., 1998, 13, (2), p. 340-346, 0885-8950
    • (1998) IEEE Trans. Power Syst. , vol.13 , Issue.2 , pp. 340-346
    • Trevor, A.1    Goodwin, D.2    Ma, X.3    Streifert, D.4    Sun, D.5
  • 40
    • 33747624960 scopus 로고    scopus 로고
    • An energy reference bus independent LMP decomposition algorithm
    • 0885-8950
    • Cheng, X. Overbye, T.J.: 'An energy reference bus independent LMP decomposition algorithm', IEEE Trans. Power Syst., 2006, 21, (3), p. 1041-1049, 0885-8950
    • (2006) IEEE Trans. Power Syst. , vol.21 , Issue.3 , pp. 1041-1049
    • Cheng, X.1    Overbye, T.J.2
  • 41
    • 77953392043 scopus 로고    scopus 로고
    • ISO New England Inc. transmission, markets and services tariff, Market Rule 1, http://www.isone.com/regulatory/tariff/sect_3/mr1_sect_1-12_12-1-08.pdf, accessed January 2009
    • ISO New England Inc. transmission, markets and services tariff, Market Rule 1, http://www.isone.com/regulatory/tariff/sect_3/mr1_sect_1-12_12-1-08.pdf, accessed January 2009
  • 42
    • 77953389167 scopus 로고    scopus 로고
    • Open access transmission, energy and operating reserve markets tariff for the Midwest independent transmission system operator, inc, http://www.midwestmarket.org/publish/Document/1d44c3_11e1d03fcc5_7cf90a4 8324a/Modules.pdf?action=download&_property=Attachment, accessed January 2009
    • Open access transmission, energy and operating reserve markets tariff for the Midwest independent transmission system operator, inc, http://www.midwestmarket.org/publish/Document/1d44c3_11e1d03fcc5_7cf90a4 8324a/Modules.pdf?action=download&_property=Attachment, accessed January 2009
  • 43
    • 77953449563 scopus 로고    scopus 로고
    • NYISO Open Access Transmission tariff, http://www.nyiso.com/public/webdocs/documents/tariffs/oatt/oatt_schedule s.pdf, accessed January 2009
    • NYISO Open Access Transmission tariff, http://www.nyiso.com/public/webdocs/documents/tariffs/oatt/oatt_schedule s.pdf, accessed January 2009
  • 44
    • 77953441072 scopus 로고    scopus 로고
    • PJM Open access transmission tariff, http://www.pjm.com/documents/agreements/~/media/documents/agreements/tar iff.ashx, accessed January 2009
    • PJM Open access transmission tariff, http://www.pjm.com/documents/agreements/~/media/documents/agreements/tar iff.ashx, accessed January 2009
  • 45
    • 43549083397 scopus 로고    scopus 로고
    • Loss hedging financial transmission rights
    • http://ksghome.harvard.edu/~whogan/Harvey_Hogan_Loss_Hedging%20_FTRs_011 502_.pdf, accessed January 2009
    • Harvey, S.M. Hogan, W.W.: 'Loss hedging financial transmission rights', http://ksghome.harvard.edu/~whogan/Harvey_Hogan_Loss_Hedging%20_FTRs_011 502_.pdf, accessed January 2009
    • Harvey, S.M.1    Hogan, W.W.2
  • 47
    • 77953434217 scopus 로고    scopus 로고
    • ISO New England operating procedure 19. Transmission operations, accessed January 2009
    • ISO New England operating procedure 19. Transmission operations, http://www.isone.com/rules_proceds/operating/isone/op19/index.html, accessed January 2009
  • 48
    • 0023292179 scopus 로고
    • Security-constrained optimal power flow with post-contingency corrective rescheduling
    • 0885-8950
    • Monticelli, A. Pereira, M.V.F. Granville, S.: 'Security-constrained optimal power flow with post-contingency corrective rescheduling', IEEE Trans. Power Syst., 1987, 2, (1), p. 175-182, 0885-8950
    • (1987) IEEE Trans. Power Syst. , vol.2 , Issue.1 , pp. 175-182
    • Monticelli, A.1    Pereira, M.V.F.2    Granville, S.3


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.