2015
DOI: 10.1007/978-3-319-18167-7_36
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Optimal Nodal Capacity Procurement

Abstract: Abstract. The paper demonstrates the application of mathematical optimization (non-linear, mixed integer problem) to solve the transportation problem for a multi-node capacity market. Proposed the model that assures adequate cost minimizing generating resources selection and prices capacity within every node on the basis of price bids of market participants and power system structure, and suggest electric power flow distribution. The proposed method of deficiency nodes allocation and pricing can be used for es… Show more

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Cited by 3 publications
(2 citation statements)
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“…where flow profile ( ) e f is found as a solution of optimization problem (7)- (9). Note that the solution of constrained optimization problem (14), (15) does exist.…”
Section: Total Cost Minimization Problemmentioning
confidence: 99%
See 1 more Smart Citation
“…where flow profile ( ) e f is found as a solution of optimization problem (7)- (9). Note that the solution of constrained optimization problem (14), (15) does exist.…”
Section: Total Cost Minimization Problemmentioning
confidence: 99%
“…Actually, the question of collaboration in energy market has long been irrelevant, and, in contrast to smart grid consumer collaboration, competitive market forces of power generation, consumption, and transmission have been deeply investigated [7], [8], [9]. Nowadays, the newly established circumstances force us to investigate collaborative mechanisms in power consumption.…”
Section: Introductionmentioning
confidence: 99%