2023
DOI: 10.1109/tpwrs.2022.3213001
|View full text |Cite
|
Sign up to set email alerts
|

Security-Constrained Unit Commitment for Electricity Market: Modeling, Solution Methods, and Future Challenges

Abstract: This paper summarizes the technical activities of the IEEE Task Force on Solving Large Scale Optimization Problems in Electricity Market and Power System Applications. This Task Force was established by the IEEE Technology and Innovation Subcommittee to first review the state-of-the-art of the securityconstrained unit commitment (SCUC) business model, its mathematical formulation, and solution techniques in solving electricity market clearing problems. The Task Force then investigated the emerging challenges o… Show more

Help me understand this report
View preprint versions

Search citation statements

Order By: Relevance

Paper Sections

Select...
2
1
1

Citation Types

0
4
0

Year Published

2023
2023
2025
2025

Publication Types

Select...
9

Relationship

1
8

Authors

Journals

citations
Cited by 26 publications
(4 citation statements)
references
References 156 publications
0
4
0
Order By: Relevance
“…More powerful dispatch tools that can really solve the practical problem always attracts the attention from industries. However, we observe that there is still a clear gap between the ongoing academic research and the industrial requirements [26,27] . There are actually very few studies that exactly respond to the practical industrial requirement and provide a promising computational performance for practical applications.…”
Section: Proportion Of Electric Power (%)mentioning
confidence: 83%
“…More powerful dispatch tools that can really solve the practical problem always attracts the attention from industries. However, we observe that there is still a clear gap between the ongoing academic research and the industrial requirements [26,27] . There are actually very few studies that exactly respond to the practical industrial requirement and provide a promising computational performance for practical applications.…”
Section: Proportion Of Electric Power (%)mentioning
confidence: 83%
“…Despite the fact that the security-constraint unit commitment problem (SCUCP) has received major attention in power systems and many studies have been conducted on it (e.g., [58,59]), limited studies have addressed it in the presence of CHP units [60,61].…”
Section: Security Constraintsmentioning
confidence: 99%
“…For instance, the Midcontinent Independent System Operator (MISO) oversees one of the world's largest electricity markets, encompassing over 45,000 buses and 1400 generation resources. Its OPF model encompasses extensive resource-level constraints and system-wide constraints [4]. To simplify the large-scale OPF, MISO has implemented Lagrangian Relaxation (LR), decomposing the problem into smaller subproblems to enhance efficiency [5,6].…”
Section: Introductionmentioning
confidence: 99%