Author/Authors :
Philip Q. Hanser، نويسنده , , Jared S. des Rosiers، نويسنده , , Metin Celebi، نويسنده , , Joseph B. Wharton، نويسنده ,
Abstract :
All LMP-based markets face “sellerʹs choice” issues from legacy contracts which permit the seller flexibility in choosing the contractʹs delivery point. Californiaʹs ISO recently developed a novel and creative solution to this problem by developing a physical validation settlement service for all trades that CAISO settles between scheduling coordinators at individual nodes. The service also has use in resource adequacy and installed capacity contexts.
