Electricity Market Simulation considering Energy Constraints

에너지 제약을 고려한 전력시장 시뮬레이션

  • Published : 2003.07.21

Abstract

With the deregulation of the power industries in many countries, the trend is towards accommodating more freedom and choice to the market participants and encouraging competition as much as possible in the power market. In this regards, the necessity of market simulation is increasing in order to guarantee a secure and reliable operation of an electricity market. This paper presents the technique of market simulation considering constraints such as energy resource and transmission interface using commercial market simulator.

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