DocumentCode
2197527
Title
Broader Regional Markets
Author
Whitley, Steve
fYear
2015
fDate
5-8 Jan. 2015
Firstpage
2520
Lastpage
2529
Abstract
This paper outlines the market design changes undertaken by the ISO/RTOs in the US Eastern Interconnection to improve the regional dispatch. The paper shows that by managing regional congestion and increasing the frequency of energy interchange together with setting appropriate prices at "proxy buses" achieves significant improvements in regional dispatch efficiency. The savings from such regional coordination runs at several hundred million dollars a year.
Keywords
load dispatching; power markets; ISO; RTO; US eastern interconnection; broader regional markets; energy interchange; market design changes; proxy buses; regional congestion management; regional coordination; regional dispatch; regional dispatch efficiency; Clocks; Electricity; Lakes; Natural gas; Pricing; Reliability; Resistance;
fLanguage
English
Publisher
ieee
Conference_Titel
System Sciences (HICSS), 2015 48th Hawaii International Conference on
Conference_Location
Kauai, HI
ISSN
1530-1605
Type
conf
DOI
10.1109/HICSS.2015.303
Filename
7070118
Link To Document