Title :
Inter-utilities power-exchange coordination: a market-oriented approach
Author :
Aguado, José A. ; Quintana, Víctor H.
Author_Institution :
Dept. de Ingenieria Electr., Malaga Univ., Spain
fDate :
8/1/2001 12:00:00 AM
Abstract :
A decentralized operation of the transmission grid for scheduling inter-utilities power exchanges is proposed. This approach is well suited for market-oriented environments; it achieves a market equilibrium while the operational independence of each interconnected utility is preserved. We employ decomposition-coordination techniques in combination with an interior-point/cutting-plane method in order to reduce the number of iterations of the decomposition algorithm. The paper includes test results on IEEE-based systems
Keywords :
electricity supply industry; power system interconnection; power transmission; IEEE-based systems; decentralized operation; decomposition algorithm; inter-utilities power exchanges scheduling; inter-utilities power-exchange coordination; interior-point/cutting-plane method; iterations reduction; market equilibrium; market-oriented approach; market-oriented environments; operational independence; transmission grid; Costs; Electricity supply industry; Interconnected systems; Optimal scheduling; Power grids; Power markets; Power system interconnection; Power system reliability; Pricing; System testing;
Journal_Title :
Power Systems, IEEE Transactions on
