A SECURITY-CONSTRAINED BID-CLEARING SYSTEM FOR THE NEW-ZEALAND WHOLESALE ELECTRICITY MARKET

Authors
ALVEY T GOODWIN D MA XW STREIFFERT D SUN D
Citation
T. Alvey et al., A SECURITY-CONSTRAINED BID-CLEARING SYSTEM FOR THE NEW-ZEALAND WHOLESALE ELECTRICITY MARKET, IEEE transactions on power systems, 13(2), 1998, pp. 340-346
Citations number
6
Categorie Soggetti
Engineering, Eletrical & Electronic
Journal title
IEEE transactions on power systems → ACNP
ISSN journal
08858950
Volume
13
Issue
2
Year of publication
1998
Pages
340 - 346
Database
ISI
SICI code
0885-8950(1998)13:2<340:ASBSFT>2.0.ZU;2-2
Abstract
This paper reports upon the mathematical models and implementation of the Scheduling, Pricing, and Dispatch (SPD) application for the New Ze aland Electricity Market (NZEM). SPD analyzes bids for energy offers, reserve offers aad energy demands, and recognizes explicitly the effec ts on bid clearing due to transmission congestion, network losses, res erve requirements, and ramp rate limits. Advanced LP solution methods are utilized to solve the large-scale constrained optimization problem . Results on a 67-bus test system and the NZEM are included.