Campus Units

Economics

Document Type

Conference Proceeding

Conference

2005 IEEE Power Engineering Society General Meeting

Publication Version

Accepted Manuscript

Link to Published Version

http://dx.doi.org/10.1109/PES.2005.148927

Publication Date

2005

Journal or Book Title

Proceedings of the IEEE Power and Energy Society General Meeting

First Page

931

Last Page

936

DOI

10.1109/PES.2005.148927

Conference Title

2005 IEEE Power Engineering Society General Meeting

Conference Date

June 16, 2005

City

San Francisco, CA

Abstract

In April 2003 the U.S. Federal Energy Regulatory Commission proposed the wholesale power market platform (WPMP) for adoption by all U.S. wholesale power markets. The WPMP market design envisions day-ahead, real-time, and ancillary service markets maintained and operated by an independent system operator or regional transmission organization. Previous work reports on the development of an agent-based model for testing the economic reliability of the WPMP market design. This paper reports on the implementation of this model as an agent-based computational laboratory. Initial experiments focusing on optimal power flow solution methods for the day-ahead and real-time markets are also discussed.

Comments

© 2005 IEEE. Personal use of this material is permitted. Permission from IEEE must be obtained for all other uses, in any current or future media, including reprinting/republishing this material for advertising or promotional purposes, creating new collective works, for resale or redistribution to servers or lists, or reuse of any copyrighted component of this work in other works. DOI:10.1109/PES.2005.1489273

Copyright Owner

IEEE

Language

en

File Format

application/pdf

Published Version

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Article Location

 
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