Reference : Energy and Transmission Allocation in the presence of Overlapping Electricity Markets
Scientific journals : Article
Engineering, computing & technology : Electrical & electronics engineering
http://hdl.handle.net/2268/34143
Energy and Transmission Allocation in the presence of Overlapping Electricity Markets
English
Marinakis, Adamantios mailto [Université de Liège - ULg > Dép. d'électric., électron. et informat. (Inst.Montefiore) > Systèmes et modélisation >]
Bakirtzis, Anastasios [ > > ]
Van Cutsem, Thierry mailto [Université de Liège - ULg > Dép. d'électric., électron. et informat. (Inst.Montefiore) > Systèmes et modélisation >]
Aug-2010
IEEE Transactions on Power Systems
IEEE
25
3
1402-1414
Yes (verified by ORBi)
International
0885-8950
Piscataway
NJ
[en] Electricity market ; market clearing ; congestion management ; market coupling ; overlapping markets
[en] The possibility for market participants to simultaneously place their bids in different markets across an interconnection is investigated in this paper. Transaction schedulers settle multilateral transactions among participants, while a central entity coordinates the overall operation through interactions with the transaction schedulers. Two issues are dealt with in this context. First, the market participants are allowed to place their bids simultaneously in more than one transactions scheduler’s market, and, second, the available transmission capacity is fairly shared among the transaction schedulers. Economically interesting transactions are favored, while confidentiality of market data and independence of transaction schedulers’ clearing mechanisms are preserved. The corresponding iterative algorithm is illustrated in detail on a 15-bus as well as the IEEE-RTS system.
Fonds de la Recherche Scientifique (Communauté française de Belgique) - F.R.S.-FNRS
Researchers ; Professionals ; Students
http://hdl.handle.net/2268/34143
10.1109/TPWRS.2009.2038574
http://ieeexplore.ieee.org/Xplore/guesthome.jsp
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