Security-Constrained Unit Commitment for Electricity Market: Modeling, Solution Methods, and Future Challenges

2022/10/10 by Yonghong Chen, Feng Pan, Feng Qiu +18 · 1 citation
Engineering · #Electric Power System Optimization #Smart Grid Energy Management #Optimal Power Flow Distribution

paper · doi:10.1109/tpwrs.2022.3213001

Abstract

This paper summarizes the technical activities of the IEEE Task Force on Solving Large Scale Optimization Problems in Electricity Market and Power System Applications. This Task Force was established by the IEEE Technology and Innovation Subcommittee to first review the state-of-the-art of the security-constrained unit commitment (SCUC) business model, its mathematical formulation, and solution techniques in solving electricity market clearing problems. The Task Force then investigated the emerging challenges of future market clearing problems and presented efforts in building benchmark mathematical and business models.

Citations

• Exploring relaxation induced neighborhoods to improve MIP solutions
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