A multi-area EDC with spot pricing and economic power interchange

Authors :: H. Asano
K. Okada
Source :: Proceedings 1995 International Conference on Energy Management and Power Delivery EMPD '95.
Publication Year :: 2002
Publisher :: IEEE, 2002.
Abstract: This paper presents a multi-area economic load dispatching control (EDC) with a combination of spot pricing as a demand side option and economic power interchange as a supply side option to keep demand and supply balance. The effectiveness of the proposed method is illustrated by numerical simulations using a test power system model that has three regions.

Subjects :: Mathematical optimization
Load management
Electric power system
Power system simulation
Electricity generation
Computer science
Activity-based costing
Economic power
System model
Supply and demand

Database :: OpenAIRE
Journal :: Proceedings 1995 International Conference on Energy Management and Power Delivery EMPD '95
Accession number :: edsair.doi...........c28cf65630d76ab4ead02e231f447d64
Full Text :: https://doi.org/10.1109/empd.1995.500693