Title :
Locational marginal price sensitivities
Author :
Conejo, Antonio J. ; Castillo, Enrique ; Mínguez, Roberto ; Milano, Federico
Author_Institution :
Dept. of Electr. Eng., Univ. of Castilla-La Mancha, Ciudad Real, Spain
Abstract :
Within an optimal power flow market clearing framework, this paper provides expressions to compute the sensitivities of locational marginal prices with respect to power demands. Sensitivities with respect to other parameters can also be obtained. An example and a case study are used to illustrate the expressions derived.
Keywords :
load flow; power markets; pricing; sensitivity; marginal price sensitivity; market clearing framework; optimal power flow; power demand; Computer science; ISO standards; Load flow; Mathematics; Power demand; Power generation; Reactive power; Statistics; Upper bound; Voltage; Locational marginal prices; optimal power flow; sensitivities;
Journal_Title :
Power Systems, IEEE Transactions on
DOI :
10.1109/TPWRS.2005.857918
