A pricing and dispatch engine for wholesale electricity market using Quadratic Programming

被引:2
|
作者
Tiwari, Ashutosh [1 ]
Van Acker, Vincent [1 ]
Nieuwesteeg, Peter [1 ]
Cheung, Kwok [1 ]
机构
[1] Iowa State Univ, Dept Elect & Comp Engn, Ames, IA 50011 USA
来源
2008 THIRD INTERNATIONAL CONFERENCE ON ELECTRIC UTILITY DEREGULATION AND RESTRUCTURING AND POWER TECHNOLOGIES, VOLS 1-6 | 2008年
关键词
linear programming; Locational Marginal Price (LMP); market clearing; Quadratic Programming;
D O I
10.1109/DRPT.2008.4523427
中图分类号
TE [石油、天然气工业]; TK [能源与动力工程];
学科分类号
0807 ; 0820 ;
摘要
The purpose of this paper is to demonstrate that Quadratic Programming (QP) based solvers are a valid if not a better alternative to the Linear Programming (LP) based solvers in price based economic dispatch (PBED) engines. These engines are subject to rigorous performance and accuracy requirements when used in large size wholesale electricity markets. To date, most market clearing engine solvers are LP based. In this paper PBED is formulated as QP problem. The results of a study are shown comparing the results and performance of LP based PBED and QP based PBED on a large size test market system.
引用
收藏
页码:329 / 334
页数:6
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