Title :
Experiences supplying engines for LMP calculations
Author :
Frame, J. ; Gilrain, Mark
Abstract :
Summary form only given. The PJM electricity market includes a two-settlement system with commitment, dispatch, and location marginal prices (LMPs) computed in the day ahead time frame as the first settlement. The second settlement occurs ex-post based on the actual commitment, dispatch, and LMPs. This presentation describes the engine that computes the LMPs. The main modules of the LMP calculator are: state estimator; locational price algorithm preprocessor; locational pricing algorithm; unit dispatch system
Keywords :
power generation dispatch; power generation scheduling; power markets; PJM electricity market; load dispatch; location marginal prices; supplying engines; unit commitment; Electricity supply industry; Engines; Fluid flow measurement; Load flow; Power measurement; Power system measurements; Pricing; State estimation; Switches; Voltage;
Conference_Titel :
Power Engineering Society General Meeting, 2004. IEEE
Conference_Location :
Denver, CO
Print_ISBN :
0-7803-8465-2
DOI :
10.1109/PES.2004.4632142
