Title :
Pnode and Apnode definitions in the New England Network Model
Author :
Bykhovsky, A. ; Shen, C. ; Friedland, P.
Author_Institution :
ISO New England, Holyoke, MA, USA
Abstract :
Price node (Pnode) and aggregate price node (Apnode) definitions are important for the efficient standard market design in the ISO New England (ISO NE). Properly defined Pnode set can provide market participants with the right price signals. The way the Pnodes are defined affect many aspects of implementing and using the market system. This includes such issues as capabilities of vendor´s software and database maintenance. In this paper, the locational marginal prices (LMPs) in the New England power system are analyzed and three alternatives for the Pnode definition are investigated. Advantages and disadvantages of each alternative are discussed.
Keywords :
costing; power markets; power system economics; Apnode; New England Network Model; New England power system; Pnode; aggregate price node; database maintenance; locational marginal price; market participants; price node; price signals; standard market design; vendor´s software; Aggregates; Databases; ISO standards; Intelligent networks; Load flow; Network topology; Performance analysis; Power system analysis computing; Pricing; Software maintenance;
Conference_Titel :
Power Engineering Society Summer Meeting, 2002 IEEE
Conference_Location :
Chicago, IL, USA
Print_ISBN :
0-7803-7518-1
DOI :
10.1109/PESS.2002.1043593
