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

Chung, Kooh-Hyung (홍익대학 전기정보제어공학과)
Kang, Dang-Joo (한국전기연구원)
Kim, Bal-Ho (홍익대학 전자전기제어공학부)
Publication Information
The Transactions of The Korean Institute of Electrical Engineers / v.56, no.2, 2007 , pp. 260-267 More about this Journal
Abstract
Systematic studies on the dispatch scheduling algorithm can enhance the efficiency of electricity market operation. In addition, as the dispatching policies in competitive electricity markets directly affect the market participants' profits, the dispatch scheduling procedure should be reasonable, systematic, and transparent. In this paper, we propose an unconstrained/constrained pre-dispatch scheduling algorithm and develop corresponding programs applicable to wholesale electricity markets.
Keywords
Pre-dispatch scheduling; mixed integer nonlinear programming; Benders decomposition;
Citations & Related Records
Times Cited By KSCI : 1  (Citation Analysis)
Times Cited By SCOPUS : 0
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