Development of the Pre-Dispatch Scheduling Algorithm in the Competitive Electricity Market

경쟁적 전력시장 하에서의 선행급전계획 알고리즘 개발에 관한 연구

Systematic studies on the dispatch scheduling algorithm and related constraints can enhance the effectiveness of electricity market operation. Moreover, since various decision-making matters connected to dispatch schedule in competitive electricity market directly affect the market participants' profit, the dispatch scheduling procedure should be reasonable and systematic to convince them. Therefore, to prevent a dispute among the participants, these studies are indispensible requisites for the effective electricity market operation. In this paper, we develop unconstrained/constrained dispatch schedule algorithm applicable to Korean wholesale electricity market.