Abstract:This paper describes an innovative approach of cooptimizing the energy and ancillary raise and lower services markets in the Australian National Electricity Market. A heuristic based technique called Horizon Scan [1], [2] is applied as the optimization procedure to find optimal solution for the problem. Horizon Scan is a heuristic based technique to search for optimal solution in a non-linear solution space. The paper is an extension to work that has been originally presented [3] and [7]. It includes a case st… Show more
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