Using Mathematical Programming for Electricity Spot Pricing.

Autor: Hogan, William W., Read, E. Grant, Ring, Brendan J.
Předmět:
Zdroj: International Transactions in Operational Research; May96, Vol. 3 Issue 3, p209, 13p
Abstrakt: Recent moves around the world to introduce competition into electricity markets have created a need for mechanisms to determine electricity spot prices which provide good incentives for market coordination. Duality theory suggests that such prices can be found by solving a mathematical program. We derive implicit prices corresponding to an actual half-hourly dispatch of a full a.c. power system, and discuss the application of spot pricing in New Zealand and the United States. [ABSTRACT FROM AUTHOR]
Databáze: Complementary Index