• DocumentCode
    1838954
  • Title

    Network-dependent congestion analysis in PJM day-ahead model using null space

  • Author

    Lin, Jeremy ; Cheverez-Gonzalez, Daniel

  • Author_Institution
    PJM Interconnection, Norristown, PA, USA
  • fYear
    2010
  • fDate
    23-25 June 2010
  • Firstpage
    1
  • Lastpage
    7
  • Abstract
    In an electricity market, congestion occurs for various reasons. However, one can observe that the congestion, via binding electrical facilities, is caused by two main agents - offer/bid by generators/load and the transmission system (i.e. network) itself. In this paper, we attempt to formulate to understand the congestion, if it is solely caused by the network alone, ignoring the effect of offer/bid. In this regard, we apply the novel null space method to a well-known PJM day-ahead network model. The key feature of null space method is that a basis vector, associated with a specific line constraint is computed just once for the marginal congestion component (MCC) of LMP variable for a particular system network topology. Then, we do the same computation for each additional constraint. The combined effect of multiple line constraints is the linear combination of the effect of each line constraint. We compare the results of nodal prices calculated by the null space method with the actual market prices for a specific period from PJM day-ahead market. We conclude the paper with insightful comments and propose for future work.
  • Keywords
    power markets; transmission networks; PJM day-ahead model; basis vector; electricity market; line constraint; locational marginal pricing; marginal congestion component; network topology; network-dependent congestion analysis; nodal prices; null space method; transmission system; Congestion cost; day-ahead market; locational marginal price (LMP); null space; transmission network;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Energy Market (EEM), 2010 7th International Conference on the European
  • Conference_Location
    Madrid
  • Print_ISBN
    978-1-4244-6838-6
  • Type

    conf

  • DOI
    10.1109/EEM.2010.5558766
  • Filename
    5558766