Intelligent Infrastructures 2009
DOI: 10.1007/978-90-481-3598-1_5
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Price-based Control of Electrical Power Systems

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Cited by 45 publications
(83 citation statements)
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References 29 publications
(33 reference statements)
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“…This paper focuses on the Ancillary Services markets [1,2,6,8]. Each BRP has to define its expected production P k and consumption D k of energy for each considered PTU k. The difference has been guaranteed by trading on the energy market (APX).…”
Section: New Arrangements For Ancillary Servicesmentioning
confidence: 99%
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“…This paper focuses on the Ancillary Services markets [1,2,6,8]. Each BRP has to define its expected production P k and consumption D k of energy for each considered PTU k. The difference has been guaranteed by trading on the energy market (APX).…”
Section: New Arrangements For Ancillary Servicesmentioning
confidence: 99%
“…With faster reaction, higher costs are to be expected. For these reasons we introduce AS in several classes [8,12]. Each class p, p=1, P, is being characterized by its response time t p [s]: within t p [s] the requested energy has to be delivered.…”
Section: Ancillary Service Classesmentioning
confidence: 99%
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“…However, these strategies are not integrated with existing primary and secondary control on the generation side. Simultaneous optimal control of generation and deferrable loads using Lagrange multiplier methods was explored in [14]- [20]. However, there are several issues in these approaches that make their practical implementations difficult.…”
Section: Introductionmentioning
confidence: 99%
“…[1]. Still, it has been recognized that, due to the above explained independence of submitting bids, the markets designed in the current manner do not necessarily reach optimal economic efficiency [2]. In other words, current arrangements for power trading do not, in general, guarantee reaching the optimal social welfare value, even under conditions of perfect market competition when BRPs bid their marginal costs.…”
Section: Introductionmentioning
confidence: 99%