Optimal Dispatch in Electricity Markets

The problem of calculating the optimal dispatch and prices in a single-period electricity auction in a wholesale electricity market is considered here. The novel necessary and sufficient conditions of optimality for this problem are derived and computational algorithms for solving these conditions are constructed.

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Year of publication:	2007-10-01
Authors:	Kazakov, Vladimir ; Tsirlin, Anatoly M.
Institutions:	Finance Discipline Group, Business School
Subject:	optimal dispatch \| electricity market \| nonlinear programming \| non-convex problems \| dynamic programming

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Extent:	application/pdf
Series:	Research Paper Series.
Type of publication:	Book / Working Paper
Notes:	Number 206 1 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10004984477