Calculation and decomposition of spot price using interior point nonlinear optimisation methods

K. Xie; Y. H. Song; Deping Zhang; Y. Nakanishi; C. Nakazawa

doi:10.1016/j.ijepes.2003.11.002

Calculation and decomposition of spot price using interior point nonlinear optimisation methods

K. Xie, Y. H. Song^*, Deping Zhang, Y. Nakanishi, C. Nakazawa

^*この研究の対応する著者

研究成果: Article › 査読

14 被引用数 (Scopus)

抄録

Optimal pricing for real and reactive power is a very important issue in a deregulation environment. This paper summarises the optimal pricing problem as an extended optimal power flow problem. Then, spot prices are decomposed into different components reflecting various ancillary services. The derivation of the proposed decomposition model is described in detail. Primary-Dual Interior Point method is applied to avoid 'go' 'no go' gauge. In addition, the proposed approach can be extended to cater for other types of ancillary services.

本文言語	English
ページ（範囲）	349-356
ページ数	8
ジャーナル	International Journal of Electrical Power and Energy System
巻	26
号	5
DOI	https://doi.org/10.1016/j.ijepes.2003.11.002
出版ステータス	Published - 2004 6
外部発表	はい

ASJC Scopus subject areas

エネルギー工学および電力技術
電子工学および電気工学

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10.1016/j.ijepes.2003.11.002

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author = "K. Xie and Song, {Y. H.} and Deping Zhang and Y. Nakanishi and C. Nakazawa",

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T1 - Calculation and decomposition of spot price using interior point nonlinear optimisation methods

AU - Xie, K.

AU - Song, Y. H.

AU - Zhang, Deping

AU - Nakanishi, Y.

AU - Nakazawa, C.

PY - 2004/6

Y1 - 2004/6

N2 - Optimal pricing for real and reactive power is a very important issue in a deregulation environment. This paper summarises the optimal pricing problem as an extended optimal power flow problem. Then, spot prices are decomposed into different components reflecting various ancillary services. The derivation of the proposed decomposition model is described in detail. Primary-Dual Interior Point method is applied to avoid 'go' 'no go' gauge. In addition, the proposed approach can be extended to cater for other types of ancillary services.

AB - Optimal pricing for real and reactive power is a very important issue in a deregulation environment. This paper summarises the optimal pricing problem as an extended optimal power flow problem. Then, spot prices are decomposed into different components reflecting various ancillary services. The derivation of the proposed decomposition model is described in detail. Primary-Dual Interior Point method is applied to avoid 'go' 'no go' gauge. In addition, the proposed approach can be extended to cater for other types of ancillary services.

KW - Interior point method

KW - Optimal power flow

KW - Spot pricing

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EP - 356

JO - International Journal of Electrical Power and Energy Systems

JF - International Journal of Electrical Power and Energy Systems

SN - 0142-0615

IS - 5

ER -

Calculation and decomposition of spot price using interior point nonlinear optimisation methods

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ASJC Scopus subject areas

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