DocumentCode
2888039
Title
A game-theoretical model predictive control framework for electricity markets
Author
Kannan, Aswin ; Zavala, Victor M.
fYear
2011
fDate
28-30 Sept. 2011
Firstpage
1280
Lastpage
1285
Abstract
We present a game-theoretical model predictive control (MPC) framework for competitive electricity markets. We demonstrate that an MPC construct can be used to systematically analyze the effects of ramp constraints, initial conditions, dynamic disturbances, forecast horizon length, market manipulation, and bidding frequency on market performance. We illustrate the capabilities of the framework using a numerical case study.
Keywords
game theory; power markets; power system control; predictive control; bidding frequency; competitive electricity market; dynamic disturbance; game theory; horizon length forecast; initial condition; market manipulation; market performance; model predictive control; ramp constraint; Analytical models; Games; Generators; Predictive models; Production; Real time systems; Steady-state;
fLanguage
English
Publisher
ieee
Conference_Titel
Communication, Control, and Computing (Allerton), 2011 49th Annual Allerton Conference on
Conference_Location
Monticello, IL
Print_ISBN
978-1-4577-1817-5
Type
conf
DOI
10.1109/Allerton.2011.6120315
Filename
6120315
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