221
Views
0
CrossRef citations to date
0
Altmetric
Original Articles

Market Clearing and Settlement Using Participant Based Distributed Slack Optimal Power Flow Model for a Double Sided Electricity Auction Market –Part I

&
Pages 521-532 | Received 31 Oct 2016, Accepted 20 Mar 2018, Published online: 31 May 2018

References

  • F. C. Schweppe, M. C. Caramanis, R. D. Tabors, and R. E. Bohn, Spot Pricing of Electricity. Boston: Kluwer Academic Publishers, 1988.
  • L. Chen, H. Suzuki, T. Wachi, and Y. Shimura, “Components of Nodal Prices for Electric Power Systems,” IEEE Trans. Power Syst., vol. 17, no. 1, pp. 41–49, 2002. doi:10.1109/59.982191.
  • D. Richard Christie, F. Bruce Wollenberg, and I. Wangensteen, “Transmission management in the deregulated environment,” Proc. IEEE, vol. 88, no. 2, pp. 170–195, 2000. doi:10.1109/5.823997.
  • H. Liu, L. Tesfatsion, and A. A. Chowdhury, “Locational marginal pricing basics for restructured wholesale power markets,” Proc. IEEE/Power Eng. Soc., pp. 1–8, 2009.
  • E. Litvinov, T. Zheng, G. Rosenwald, and P. Shamsollahi, “Marginal loss modeling in LMP calculation,” IEEE Trans. Power Syst., vol. 19, no. 2, pp. 880–888, 2004. doi:10.1109/TPWRS.2004.825894.
  • A. Ott, “Experience with PJM market operation, system design and implementation,” IEEE Trans. Power Syst., vol. 18, no. 2, pp. 528–534, 2003. doi:10.1109/TPWRS.2003.810698.
  • G. Hamoud and I. Bradley, “Assessment of transmission congestion cost and locational marginal pricing in a competitive electricity market,” IEEE Trans. Power Syst., vol. 19, no. 2, pp. 769–775, 2004. doi:10.1109/TPWRS.2004.825823.
  • Y. Fu and Z. Li, “Different models and properties on LMP calculations,” in Proc. IEEE Power Eng. Soc., pp. 18–22, 2006.
  • T. Orfanogianni and G. Gross, “A general formulation for LMP evaluation,” IEEE Trans. Power Syst., vol. 22, no. 3, pp. 1163–1173, 2007. doi:10.1109/TPWRS.2007.901297.
  • F. Li and R. Bo, “DCOPF-based LMP simulation: algorithm, comparison with ACOPF, and sensitivity,” IEEE Trans. Power Syst., vol. 22, no. 4, pp. 1475–1485, 2007. doi:10.1109/TPWRS.2007.907924.
  • F. Li, “Fully reference-independent LMP decomposition using reference-independent Loss Factors,” Elect. Pow. Syst. Res., vol. 81, no. 11, pp. 1995–2004, 2011. doi:10.1016/j.epsr.2011.05.002.
  • X. Cheng and T. J. Overbye, “An energy reference bus independent LMP decomposition algorithm,” IEEE Trans. Power Syst., vol. 21, no. 3, pp. 1041–1049, 2006. doi:10.1109/TPWRS.2006.876703.
  • T. Wu, Z. Alaywan, and A. D. Papalexopoulos, “Locational marginal price calculations using the distributed-marginal power-flow formulation,” IEEE Trans. Power Syst., vol. 20, no. 2, pp. 1188–1190, 2005. doi:10.1109/TPWRS.2005.846156.
  • M. Ou, Y. Xue, and X.-P. Zhang, “Iterative DC optimal power flow considering transmission network loss,” Elect. Pow. Compo. Sys., pp. 955–965, 2016. doi:10.1080/15325008.2016.1147104.
  • Z. Hu, H. Cheng, Z. Yan, and F. Li, “An iterative LMP calculation method considering loss distributions,” IEEE Trans. Power Syst., vol. 25, no. 3, pp. 1469–1477, 2010. doi:10.1109/TPWRS.2010.2041799.
  • S. Arunachalam and M. Abdullah Khan, “Linear programming formulation for market clearing of primary market incorporating tracking based loss factors,” Eur. J. Sci. Res., vol. 99, no. 4, pp. 520–535, 2013.
  • S. Arunachalam, “Fair and transparent loss allocation and pricing in primary electricity market using the concept of market center,” Ph.D. Thesis, Faculty of Electrical Engineering, Anna University, Chennai, 2014.
  • S. Arunachalam and M. Abdullah Khan, “Participant based distributed slack power flow model and calculation of participant based loss factors using the concept of market center,” 9th IEEE GCC Conf., Bahrain, pp. 618–624, 2017.
  • J. John Grainger and D. William Stevenson Jr, Power System Analysis. New Delhi: Tata Mcgraw-Hill, pp. 543–555, 2003.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.