• DocumentCode
    792636
  • Title

    Locational marginal price calculations using the distributed-slack power-flow formulation

  • Author

    Wu, Tong ; Alaywan, Ziad ; Papalexopoulos, Alex D.

  • Author_Institution
    ECCO Int., San Francisco, CA, USA
  • Volume
    20
  • Issue
    2
  • fYear
    2005
  • fDate
    5/1/2005 12:00:00 AM
  • Firstpage
    1188
  • Lastpage
    1190
  • Abstract
    In practice, locational marginal prices (LMPs) are usually calculated by assembling their three components: the reference price, the congestion price, and the loss price. Explicit formulas for calculating the three components based on the single-slack power-flow formulation can be found in the literature. This letter presents the formulas for calculating the three components based on a distributed-slack power-flow formulation.
  • Keywords
    load flow; power system economics; pricing; congestion price; distributed-stack power flow simulation; locational marginal price calculation; loss price; reference price; Capacity planning; Equations; Notice of Violation; Propagation losses; Rotors; Wind energy; Wind energy generation; Wind power generation; Wind speed; Wounds; Locational marginal prices (LMPs); participation factor power flow; power system economics; slack bus;
  • fLanguage
    English
  • Journal_Title
    Power Systems, IEEE Transactions on
  • Publisher
    ieee
  • ISSN
    0885-8950
  • Type

    jour

  • DOI
    10.1109/TPWRS.2005.846156
  • Filename
    1425624