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On the operation and pricing of real-time competitive electricity markets

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2 Author(s)

This paper describes some challenging problems in the design of a real time competitive market in a deregulated electricity industry. The market design issues presented in this paper are based on the actual experience gained from the definition, design, implementation, and operation of various real-time imbalance energy markets around the world. For each problem, potential solutions are presented, explained, and compared.

Published in:

Power Engineering Society Winter Meeting, 2002. IEEE  (Volume:1 )

Date of Conference: