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
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