{"title":"Optimization-based auction mechanism for inter-ISO congestion management","authors":"J. Aguado, V. Quintana, M. Madrigal","doi":"10.1109/PESS.2001.970322","DOIUrl":null,"url":null,"abstract":"The introduction of competition in the electric power industry and the growth of inter-regional trading of electric power requires the development of new market-oriented mechanisms for inter-ISO congestion management. In this paper, we are concerned with the operation of power systems consisting of several interconnected power pools. We propose a decentralized optimization-based auction mechanism to manage inter-ISO congestion. The interaction of adjacent system operators is efficiently taken into account in order to achieve system-wide efficiency. The coordination among ISOs is carried out through a triad sequence of prices at tie-lines.","PeriodicalId":273578,"journal":{"name":"2001 Power Engineering Society Summer Meeting. Conference Proceedings (Cat. No.01CH37262)","volume":"59 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2001-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"4","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"2001 Power Engineering Society Summer Meeting. Conference Proceedings (Cat. No.01CH37262)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1109/PESS.2001.970322","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 4
Abstract
The introduction of competition in the electric power industry and the growth of inter-regional trading of electric power requires the development of new market-oriented mechanisms for inter-ISO congestion management. In this paper, we are concerned with the operation of power systems consisting of several interconnected power pools. We propose a decentralized optimization-based auction mechanism to manage inter-ISO congestion. The interaction of adjacent system operators is efficiently taken into account in order to achieve system-wide efficiency. The coordination among ISOs is carried out through a triad sequence of prices at tie-lines.
京公网安备 11010802042870号
京ICP备2023020795号-1
分享
求助内容：
应助结果提醒方式：
扫码关注我们
