Title :
Practices on post-contingency congestion mitigation with market force
Author :
Liu, Jianwei ; Chen, Hong
Author_Institution :
PJM Interconnection LLC, Norristown, PA, USA
Abstract :
Electricity markets are designed and operated based on physical constraints of modern power systems. This panel will review the practices on post-contingency congestion mitigation with market forces, from the perspectives of market design and market operation. Future challenges will be also discussed.
Keywords :
power markets; electricity markets; market design; market force; market operation; post-contingency congestion mitigation; Costs; Electricity supply industry; Energy management; Information security; Power generation economics; Power system economics; Power system security; Power system stability; Pricing; Real time systems; Ancillary Service; Electricity Market; Energy Management System (EMS); Locational Marginal Pricing (LMP);
Conference_Titel :
Power & Energy Society General Meeting, 2009. PES '09. IEEE
Conference_Location :
Calgary, AB
Print_ISBN :
978-1-4244-4241-6
DOI :
10.1109/PES.2009.5275464
