Experiences supplying engines for LMP calculations

Experiences supplying engines for LMP calculations

Summary form only given. The PJM electricity market includes a two-settlement system with commitment, dispatch, and location marginal prices (LMPs) computed in the day ahead time frame as the first settlement. The second settlement occurs ex-post based on the actual commitment, dispatch, and LMPs. T...

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Hauptverfasser: Frame, J., Gilrain, M.
Format: Tagungsbericht
Sprache:eng
Schlagworte:
Electricity supply industry
Engines
Fluid flow measurement
Load flow
Power measurement
Power system measurements
Pricing
State estimation
Switches
Voltage
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Gilrain, M.
description Summary form only given. The PJM electricity market includes a two-settlement system with commitment, dispatch, and location marginal prices (LMPs) computed in the day ahead time frame as the first settlement. The second settlement occurs ex-post based on the actual commitment, dispatch, and LMPs. This presentation describes the engine that computes the LMPs. The main modules of the LMP calculator are: state estimator; locational price algorithm preprocessor; locational pricing algorithm; unit dispatch system
doi_str_mv 10.1109/PES.2004.4632142
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subjects Electricity supply industry
Engines
Fluid flow measurement
Load flow
Power measurement
Power system measurements
Pricing
State estimation
Switches
Voltage
title Experiences supplying engines for LMP calculations
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