Transmission capacity management in a continuous auction market environment

Marta Marmiroli; Michiharu Tsukada; Yukitoki Tsukamoto; Ryuichi Yokoyama

doi:10.1109/PTC.2003.1304282

Transmission capacity management in a continuous auction market environment

Marta Marmiroli, Michiharu Tsukada, Yukitoki Tsukamoto, Ryuichi Yokoyama

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

1 Citation (Scopus)

Abstract

An efficient electricity market has to manage in a proper way the transmission capacity available to the market player. The problem can be a complex one, especially, if rules of exchange of electricity have to be kept simple and easy to implement. In this paper the authors propose a method of transmission capacity allocation that can be introduced in a continuous auction mechanism. The method is developed with the intent to have a consistent evaluation of the transmission capacity and a consequent economic signal to the players avoiding the calculation difficulties and the complexity of a nodal price method. Using the proposed method, the authors developed a software platform and utilized it for simulation proposes.

Original language	English
Title of host publication	2003 IEEE Bologna PowerTech - Conference Proceedings
Pages	19-23
Number of pages	5
Volume	2
DOIs	https://doi.org/10.1109/PTC.2003.1304282
Publication status	Published - 2003
Event	2003 IEEE Bologna PowerTech Conference - Bologna Duration: 2003 Jun 23 → 2003 Jun 26

Other

Other	2003 IEEE Bologna PowerTech Conference
City	Bologna
Period	03/6/23 → 03/6/26

Keywords

Continues auction
Nodal price
Power exchange
Power flow
Transmission capacity

ASJC Scopus subject areas

Energy Engineering and Power Technology
Fuel Technology

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title = "Transmission capacity management in a continuous auction market environment",

abstract = "An efficient electricity market has to manage in a proper way the transmission capacity available to the market player. The problem can be a complex one, especially, if rules of exchange of electricity have to be kept simple and easy to implement. In this paper the authors propose a method of transmission capacity allocation that can be introduced in a continuous auction mechanism. The method is developed with the intent to have a consistent evaluation of the transmission capacity and a consequent economic signal to the players avoiding the calculation difficulties and the complexity of a nodal price method. Using the proposed method, the authors developed a software platform and utilized it for simulation proposes.",

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language = "English",

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AU - Marmiroli, Marta

AU - Tsukada, Michiharu

AU - Tsukamoto, Yukitoki

AU - Yokoyama, Ryuichi

PY - 2003

Y1 - 2003

N2 - An efficient electricity market has to manage in a proper way the transmission capacity available to the market player. The problem can be a complex one, especially, if rules of exchange of electricity have to be kept simple and easy to implement. In this paper the authors propose a method of transmission capacity allocation that can be introduced in a continuous auction mechanism. The method is developed with the intent to have a consistent evaluation of the transmission capacity and a consequent economic signal to the players avoiding the calculation difficulties and the complexity of a nodal price method. Using the proposed method, the authors developed a software platform and utilized it for simulation proposes.

AB - An efficient electricity market has to manage in a proper way the transmission capacity available to the market player. The problem can be a complex one, especially, if rules of exchange of electricity have to be kept simple and easy to implement. In this paper the authors propose a method of transmission capacity allocation that can be introduced in a continuous auction mechanism. The method is developed with the intent to have a consistent evaluation of the transmission capacity and a consequent economic signal to the players avoiding the calculation difficulties and the complexity of a nodal price method. Using the proposed method, the authors developed a software platform and utilized it for simulation proposes.

KW - Continues auction

KW - Nodal price

KW - Power exchange

KW - Power flow

KW - Transmission capacity

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