Optimal dispatch and pricing in deregulated electricity market
- Mathematical Institute of the Hungarian Academy of Sciences
- Publication Type:
- Journal Article
- Mathematica Pannonica, 2009, 20 (2), pp. 275 - 290
- Issue Date:
The problem of calculating the optimal dispatch and prices in a single-period electricity auction in a wholesale electricity market is considered here. The novel necessary and sufficient conditions of optimality for this problem are derived and computational algorithms for solving these conditions are constructed.
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