Multi Period Auction Incorporating Complex Bids and Network Technical Constraints

dc.contributor.author João Tomé Saraiva en
dc.contributor.author Bruno André Gomes en
dc.date.accessioned 2017-11-16T13:49:20Z
dc.date.available 2017-11-16T13:49:20Z
dc.date.issued 2012 en
dc.description.abstract This paper presents an integrated model to deal with complex bids and network security constraints in electricity markets. Apart from purely economic aspects, power systems operation is also driven by technical issues that quite often turn unfeasible purely economic schedules. This is the case of up and down ramps and minimum technical limits of generators, nodal voltage ranges and branch flow limits. The activities of the Market and System Operators are quite often organized in terms of a sequential set of actions that may not guarantee identifying the best global solution. This suggests addressing the problem in a more integrated way and adopting a well known optimization technique, as Simulated Annealing. This paper describes the mathematical formulation of the problem, the adopted solution algorithm and details a case study based on the IEEE 24 bus/38 branch system. en
dc.identifier.uri http://repositorio.inesctec.pt/handle/123456789/2552
dc.language eng en
dc.relation 268 en
dc.relation 4904 en
dc.rights info:eu-repo/semantics/openAccess en
dc.title Multi Period Auction Incorporating Complex Bids and Network Technical Constraints en
dc.type conferenceObject en
dc.type Publication en
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