DOI: 10.24251/hicss.2018.327
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Abstract: AbstractThis paper outlines the design of an intraday market-based mechanism for coordinated scheduling of gas-fired electric generation, intra-day natural gas purchases, sales and deliveries, and underlying pipeline operation. The mechanism is based on an exchange of physical and pricing data between participants in each market, with price formation in both markets being fully consistent with the physics of energy flow. In organized nodal electricity markets, prices are consistent with the physical flow of e…

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