By Topic

Congestion management with ex ante pricing for decentralized electricity markets

Sign In

Cookies must be enabled to login.After enabling cookies , please use refresh or reload or ctrl+f5 on the browser for the login options.

Formats Non-Member Member
$31 $13
Learn how you can qualify for the best price for this item!
Become an IEEE Member or Subscribe to
IEEE Xplore for exclusive pricing!
close button

puzzle piece

IEEE membership options for an individual and IEEE Xplore subscriptions for an organization offer the most affordable access to essential journal articles, conference papers, standards, eBooks, and eLearning courses.

Learn more about:

IEEE membership

IEEE Xplore subscriptions

2 Author(s)
Shangyou Hao ; Perot Syst. Corp., Los Angeles, CA, USA ; Shirmohammadi, D.

In this paper, the authors present a method and a model for managing transmission congestion based on ex ante congestion prices. Their method is influenced by the yield management approach widely used for airline reservation systems, and their model is built based on the relations between transmission congestion prices and electricity commodity prices that exist for an optimal solution. They formulate the congestion pricing problem as a master problem and the electricity commodity (energy and reserve) pricing as subproblems. Examples are presented to illustrate how a system operator can use this approach to compute ex ante congestion prices and how market operators can determine clearing prices and schedules of forward electric energy and reserve markets.

Published in:

Power Systems, IEEE Transactions on  (Volume:17 ,  Issue: 4 )