2001
DOI: 10.1109/mper.2001.4311631
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Feasibility of a Bilateral Market for Load Following

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Cited by 19 publications
(11 citation statements)
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“…The electrical industry over the years has been dominated by an overall authority known as vertical integrated utility having authority over generation, transmission and distribution of power within its domain of operation [1]- [2], [7], [8]. With the emerging or various independent power producers in the power market motivates the necessity of deregulation of the power system were the power can be sold at a competitive price performing all functions involved in generation, transmission, distribution and retail sales.…”
Section: Multi Area Deregulated Power Systemmentioning
confidence: 99%
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“…The electrical industry over the years has been dominated by an overall authority known as vertical integrated utility having authority over generation, transmission and distribution of power within its domain of operation [1]- [2], [7], [8]. With the emerging or various independent power producers in the power market motivates the necessity of deregulation of the power system were the power can be sold at a competitive price performing all functions involved in generation, transmission, distribution and retail sales.…”
Section: Multi Area Deregulated Power Systemmentioning
confidence: 99%
“…The concept of DISCO Participation Matrix (DPM) [1], [2], [7], [8] is introduced to express these possible contracts in the generalized model. DPM is a matrix with the number of rows equal to the number of GENCOs and the number of columns equal to the number of DISCOs in the overall system.…”
Section: Multi Area Deregulated Power Systemmentioning
confidence: 99%
“…The AGC model from [1]- [4] is modified to include delays. In an open communication system, delays can arise during: 1) transmission of ACE signals from the control center to the individual units and 2) from a telemetry delay when the RTUs send the telemetered signals to the control center.…”
Section: Agc With Time Delaysmentioning
confidence: 99%
“…The regulation is to increase or decrease the generation, and eventually, the mismatch, should return to zero. The ACE is formulated by the following equation [4]: (1) This equation for the ACE has three components. The first component accounts for deviations in the net tie-line flow interchange with all neighboring areas.…”
Section: Introductionmentioning
confidence: 99%
“…There are many papers researching on load following service [1]- [5]: For large-scale power consuming corporation, [1] gives the definition of gateway energy balance between the corporation and regional power grid and builds a balance model for power generation and consumption. In [2], the attention is focused on the load following and the paper proposes a competitive way to provide this service through bilateral contracts between supplier and customer; In [3] a new method is developed for correlating system imbalances with unbalanced transactions in a bilateral transaction-based market; Reference [4] continues to investigate a possible method to realize the load-following feature of wind turbine generator; Reference [5] builds a This work was supported by National Natural Science Foundation of China (61174146, 61221063, 61304212, U1301254) reactor core model and studies an optimal time control method for load following operation of nuclear reactors.…”
Section: Introductionmentioning
confidence: 99%