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Improvement in social welfare division among buyer and supplier in LP based market clearing method in day-ahead electricity market

Authors :
Devnath Shah
Saibal Chatterjee
Source :
Australian Journal of Electrical and Electronics Engineering. 16:237-249
Publication Year :
2019
Publisher :
Informa UK Limited, 2019.

Abstract

Most Electric Power Exchange (PX) around the world employs Linear Programming (LP) based method for step-wise market clearing in Day-Ahead Electricity Market (DAM). Market clearing involves calcul...

Details

ISSN :
2205362X and 1448837X
Volume :
16
Database :
OpenAIRE
Journal :
Australian Journal of Electrical and Electronics Engineering
Accession number :
edsair.doi...........8da86050f5c74c5c98525aada341e5a5