Global sensitivity analysis for the short-term prediction of system variables

IEEE PES General Meeting, PES 2010

Volumn , Issue , 2010, Pages

  Zhou, Qun ^a   Tesfatsion, Leigh ^b   Liu, Chen Ching ^c  

^a Iowa State University   (United States)

^b IOWA STATE UNIVERSITY   (United States)

^c UNIVERSITY COLLEGE DUBLIN   (Ireland)

Author keywords

5 bus illustration; Global sensitivity analysis; Locational marginal price; Prediction of system variables; System patterns; Wholesale power market

Indexed keywords

5-BUS ILLUSTRATION; GLOBAL SENSITIVITY ANALYSIS; LOCATIONAL MARGINAL PRICES; POWER MARKETS; PREDICTION OF SYSTEM VARIABLES; SYSTEM PATTERNS;

BUSES; COMMERCE; DC POWER TRANSMISSION; ELECTRIC LOAD FORECASTING; PIECEWISE LINEAR TECHNIQUES;

SENSITIVITY ANALYSIS;

EID: 78649570865     PISSN: None     EISSN: None     Source Type: Conference Proceeding    
DOI: 10.1109/PES.2010.5588174     Document Type: Conference Paper

References (17)

1. A. Kumar, S. C. Srivastava, and S. N. Singh, "Congestion management in competitive power market: A bibliographical survey," Electrical Power Systems Research, vol. 76, pp. 153-164, 2005.
2. P. Jazayeri, A. Schellenberg, W. D. Rosehart, J. Doudna, S. Widergren, D. Lawrence, J. Mickey, and S. Jones, "A survey of load control programs for price and system stability," IEEE Trans. Power Syst., vol. 20, no. 3, pp. 1504-1509, Aug. 2005.
3. G. Li, C. C. Liu, C. Mattson, and J. Lawarrée, "Day-ahead electricity price forecasting in a grid environment," IEEE Trans. Power Syst., vol. 22, no. 1, pp. 266-274, Feb. 2007.
4. F. Nogales, J. Contreras, A. Conejo, and R. Espinola,"Forecasting next-day electricity prices by time series models," IEEE Trans. Power Syst., vol. 17, no. 2, pp. 342-348, May 2002.
5. J. Contreras, R. Espinola, F. J. Nogales, and A. J. Conejo,"ARIMA models to predict next-day electricity prices," IEEE Trans. Power Syst., vol. 18, no. 3, pp. 1014-1020, Aug. 2003.
6. R. C. Garcia, J. Contreras, M. Akkeren, and J. B. C. Garcia,"A GARCH forecasting model to predict day-ahead electricity prices," IEEE Trans. Power Syst., vol. 20, no. 2, pp. 867-874, May 2005.
7. D. W. Bunn, "Forecasting loads and prices in competitive power markets," Proceedings of IEEE, vol. 88, no. 2, pp. 163-169, Feb. 2000.
8. J. Bastian, J. Zhu, V. Banunarayanan, and R. Mukerji, "Forecasting energy prices in a competitive market," IEEE computer applications in power, pp. 40-45, Jul. 1999.
9. A. J. Conejo, E. Castillo, R. Mínguez, and F. Milano, "Locational marginal price sensitivities," IEEE Trans. Power Syst., vol. 24, no. 4, pp. 2026-2033, Nov. 2005.
10. F. Li, and R. Bo, "Congestion and price prediction under load variation," IEEE Trans. Power Syst., vol. 24, no. 2, May 2009.
11. MISO Website. [Online]. Available: http://www.midwestiso.org
12. NYISO Website. [Online]. Available: http://www.nyiso.com
13. H. Li and L. Tesfatsion, "The AMES Wholesale Power Market Test Bed: A Computational Laboratory for Research, Teaching, and Training," IEEE Proceedings, Power and Energy Society General Meeting, Calgary, Alberta, CA, July 26-30, 2009.
14. A. J. Wood and B. F. Wollenberg, Power Generation Operation and Control, New York: Wiley, 1996.
15. E. Litvinov. Power system and LMP fundamentals. [Online]. Available: http://www.iso-ne.com/support/training/courses/wem301/lmp.pdf
16. Q. Zhou, L. Tesfatsion, and C. C. Liu, "Global sensitivity analysis for price and congestion forecasting," working paper, in progress.
17. AMES Wholesale Power Market Test Bed: Homepage. [Online]. Available at http://www.econ.iastate.edu/tesfatsi/AMESMarketHome.htm