Title :
Market Applications at the Western Australia Independent Market Operator
Author :
Huang, Janice ; Yu, Chien-Ning ; Guzeleva, Dora
Author_Institution :
ABB Inc., Santa Clara, CA
Abstract :
This paper describes the major market applications supporting the energy and reserve capacity markets of the new wholesale electricity market (WEM) in the South West Interconnected System (SWIS) of Western Australia. The Wholesale Electricity Market was commenced on 21 September 2006, within 14 months after award of the market systems contract. This paper presents the implementation algorithms and numerical results of the new wholesale electricity market.
Keywords :
power markets; power system economics; power system interconnection; South West interconnected system; Western Australia Independent Market Operator; market applications; market systems contract; wholesale electricity market; Australia; Electricity supply industry; Electricity supply industry deregulation; Energy management; Interconnected systems; Power generation; Power system management; Power system reliability; Real time systems; Samarium; Dispatch Merit Order; Downwards Deviation Administered Price; Independent Market Operator; Marginal Cost Administered Price; Reserve Capacity Auction and Trade; Scheduling Day; Short Term Energy Market Auction; South West Interconnected System; System Management; Trading Day; Upwards Deviation Administered Price; Wholesale Electricity Market;
Conference_Titel :
Power Engineering Society General Meeting, 2007. IEEE
Conference_Location :
Tampa, FL
Print_ISBN :
1-4244-1296-X
Electronic_ISBN :
1932-5517
DOI :
10.1109/PES.2007.385534
