DocumentCode
968089
Title
A hierarchical approach to bargaining in power pool management
Author
Ehtamo, Harri ; Ruusunen, Jukka ; Hämäläinen, Raimo P.
Author_Institution
Syst. Anal. Lab., Helsinki Univ. of Technol., Espoo, Finland
Volume
34
Issue
6
fYear
1989
fDate
6/1/1989 12:00:00 AM
Firstpage
666
Lastpage
669
Abstract
Co-operative operation of an electric power pool is considered. A three-level dynamic hierarchical decomposition approach to determine the intrapool power exchanges over time is proposed. The approach results in independent operation of the electric utilities. To guarantee both fair division of the cost savings achieved and feasible intrapool energy exchanges, the utilities are coordinated in the form of electric power prices
Keywords
management; power system interconnection; bargaining; cooperative operation; hierarchical approach; intrapool energy exchanges; power pool management; power system interconnection; three-level dynamic hierarchical decomposition; Contracts; Costs; Delta modulation; Electrostatic precipitators; Energy exchange; Energy management; Power generation; Power industry; Power markets; Power measurement;
fLanguage
English
Journal_Title
Automatic Control, IEEE Transactions on
Publisher
ieee
ISSN
0018-9286
Type
jour
DOI
10.1109/9.24246
Filename
24246
Link To Document