Extensions of the locational marginal price theory in evolving power systems: A review
Abstract The locational marginal price (LMP) theory is the foundation of nowadays electricity markets. With the rapid growth of intermittent renewable generation, new features are emerging in power systems, such as the uncertainty of power supply, the scarcity of flexibility, and the increase of dis...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Wiley
2022-04-01
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| Series: | IET Generation, Transmission & Distribution |
| Online Access: | https://doi.org/10.1049/gtd2.12381 |