Modifying nodal pricing method considering market participants optimality and reliability
This paper develops a method for nodal pricing and market clearing mechanism considering reliability of the system. The effects of components reliability on electricity price, market participants’ profit and system social welfare is considered. This paper considers reliability both for evaluation of...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Iran University of Science and Technology
2015-06-01
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| Series: | Iranian Journal of Electrical and Electronic Engineering |
| Subjects: | |
| Online Access: | http://ijeee.iust.ac.ir/browse.php?a_code=A-10-515-10&slc_lang=en&sid=1 |