• Proceedings of the KIEE Conference
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• summer
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• pp.740-742
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• 2004

In TWBP markets, ISO determines the maintenance schedule based on Gencos' and Transcos' offers under reasonable criterion. This paper presents ISO's alternative procedure to coordinate maintenance schedules submitted by Gencos and Transcos. ISO's coordination procedure is formulated as an optimization problem that minimizes expected losses in Gencos' revenue subject to system reserve requirement.

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.53 no.12
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• pp.685-688
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• 2004

In competitive electricity markets, the System Operator (SO) coordinates the overall maintenance schedules whenever the collective maintenance schedule reported to SO by Gencos in the pool does not satisfy the specified operating criteria, such as system reliability or supply adequacy. The SO's coordination usually involves sorts of financial conflict among Genco's. This paper proposes a coordination algorithm which minimizes the total financial loss of Genco's while satisfying the required operating criteria.