Auction market simulator for price based operation

被引:15
作者
Kumar, J [1 ]
Sheble, G [1 ]
机构
[1] Iowa State Univ, Dept Elect & Comp Engn, Ames, IA 50011 USA
关键词
brokerage system; auction market; decision analysis; price based operation; electric power commodity; futures and options;
D O I
10.1109/59.651643
中图分类号
TM [电工技术]; TN [电子技术、通信技术];
学科分类号
0808 ; 0809 ;
摘要
Through the passage of new public utility regulatory policies, the Federal Energy Regulatory Commission (FERC) encourages an open market system for price based operation. A previous paper describes a framework for price based operation and the associated technical issues in an auction market structure. This paper presents an auction market simulator to experimentally study the aspects of power system operation in price-based environment. The proposed simulator can also be used as a tool to train the system operators how to perform electric power transaction in the deregulated environment. This paper presents the simulation results of auction market for price based operation in the 24-bus, 10-generator IEEE Reliability Test System.
引用
收藏
页码:250 / 255
页数:6
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