NDLI: A novel coordination scheme of transaction scheduling in multi-level power market

Content Provider	IEEE Xplore Digital Library
Author	Rui Bo Yang Li Fubin Liu Guoqing Tang
Copyright Year	2003
Description	Author affiliation: Dept. of Electr. Eng., Southeast Univ., Nanjing, China (Rui Bo; Yang Li; Fubin Liu; Guoqing Tang)
Abstract	With power system deregulation undergoing worldwide, it's urgent for China to establish multi-level power market in large interconnected power system to better configure energy resources and gain greater economic benefit of power exchanges. But it's not clear how to maintain network security in such environment. This paper therefore suggests a coordination information based security coordination scheme under which the upper-level and lower-level power market can cooperate smoothly for the system security and potential power exchanges among lower-level markets can be greatly boosted. The method of obtaining the coordination information for lower-level market and the transaction scheduling model for upper-level market are also discussed. The suggested scheme is tested on IEEE 30 bus system and proved to be feasible. Numeric results show that the scheme and related algorithms proposed in this paper can make great economic benefit, which is near to the ideal results.
Starting Page	85
Ending Page	90
File Size	648076
Page Count	6
File Format	PDF
ISBN	0780381106
DOI	10.1109/TDC.2003.1335161
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2003-09-07
Publisher Place	USA
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Power markets Power system security Power system interconnection Information security Power generation economics Environmental economics Energy resources Power system economics Power system modeling System testing
Content Type	Text
Resource Type	Article

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