Impact of the Limitations of Transmission Line Capacity on Pricing

IEEE 5th International Conference on Power Engineering, Energy and Electrical Drives: Proceedings 2015
Renāta Varfolomejeva, Inga Iļjina, Antans Sauļus Sauhats, Zane Broka

The paper considers the influence of the capacity of cross-border lines on the price formation in different electricity market zones. Nonlinear programming is used for optimum unit commitment (UC) and dispatch of power plants, also considering electricity import options. Mandatory procurement of electricity is taken into account in the algorithm proposed in this paper. The computational effectiveness of the algorithm is discussed. The influence of cross-border capacity limitations on the pricing is proved.

Keywords
technical constraints; market price; unit commitment; cross-border capacity
DOI
10.1109/PowerEng.2015.7266337
Hyperlink
http://ieeexplore.ieee.org/xpl/articleDetails.jsp?arnumber=7266337

Varfolomejeva, R., Umbraško, I., Sauhats, A., Broka, Z. Impact of the Limitations of Transmission Line Capacity on Pricing. In: IEEE 5th International Conference on Power Engineering, Energy and Electrical Drives: Proceedings, Latvia, Riga, 11-13 May, 2015. Riga: RTU, 2015, pp.318-323. ISBN 978-1-4673-7203-9. ISSN 2155-5516. Available from: doi:10.1109/PowerEng.2015.7266337

Publication language
English (en)