Locational marginal price calculations using the distributed-slack power-flow formulation

In practice, locational marginal prices (LMPs) are usually calculated by assembling their three components: the reference price, the congestion price, and the loss price. Explicit formulas for calculating the three components based on the single-slack power-flow formulation can be found in the liter...

Full description

Saved in:
Bibliographic Details
Published in:IEEE transactions on power systems 2005-05, Vol.20 (2), p.1188-1190
Main Authors: Tong Wu, Alaywan, Z., Papalexopoulos, A.D.
Format: Article
Language:English
Subjects:
Assembling
Capacity planning
Congestion
Equations
Formulations
Locational marginal prices (LMPs)
Mathematical analysis
participation factor power flow
power system economics
Propagation losses
Rotors
slack bus
Wind energy
Wind energy generation
Wind power generation
Wind speed
Wounds
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:In practice, locational marginal prices (LMPs) are usually calculated by assembling their three components: the reference price, the congestion price, and the loss price. Explicit formulas for calculating the three components based on the single-slack power-flow formulation can be found in the literature. This letter presents the formulas for calculating the three components based on a distributed-slack power-flow formulation.
ISSN:0885-8950
1558-0679
DOI:10.1109/TPWRS.2005.846156