2013/10/18 by Karol Wawrzyniak, Michał Kłos, Wawrzyniak, Karol +5
Engineering · #Electric Power System Optimization
paper · pdf · doi:10.48550/arxiv.1310.5025
We compare two competing methodologies of market zones identification under\nthe criterion of social welfare maximization: (i) consensus clustering of\nLocational Marginal Prices over different wind scenarios and (ii) congestion\ncontribution identification with congested lines identified across variable\nwind generation outputs. We test the division of market into zones based on\neach of the two methodologies using a welfare criterion, i.e., comparing the\ncost of supplying energy on uniform market (including readjustments made on a\nbalancing market to overcome the congestion) with cost on k-zone market. A\ndivision which maximizes the welfare is considered as the optimum.\n