Proceedings 1995 International Conference on Energy Management and Power Delivery EMPD '95
DOI: 10.1109/empd.1995.500693
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A multi-area EDC with spot pricing and economic power interchange

Abstract: This paper presents a multi-area economic load dispatching control (EDC) with a combination of spot pricing as demand side option and economic power interchange as a supply side option to keep demand and supply balance. The effectiveness of the proposed method is illustrated by numerical simulations using a 'test power system model that has three regions.

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