A power market paradigm for deregulated environment

G. Huang, Q. Zhao

Research output: Chapter in Book/Report/Conference proceedingConference contribution

6 Citations (Scopus)

Abstract

In this paper, a new multi-objective formulation for deregulated power industries is proposed, in which the policies adopted by ISO are carefully studied based on the multi-objective analysis. Then, a price-based unit commitment method is formulated to match the bids and decide the generation schedule. The new power market paradigm promotes system security, and fair market competition.

Original languageEnglish
Title of host publicationPOWERCON 1998 - 1998 International Conference on Power System Technology, Proceedings
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages694-698
Number of pages5
ISBN (Electronic)0780347544, 9780780347540
DOIs
Publication statusPublished - 1 Jan 1998
Event1998 International Conference on Power System Technology, POWERCON 1998 - Beijing, China
Duration: 18 Aug 199821 Aug 1998

Publication series

NamePOWERCON 1998 - 1998 International Conference on Power System Technology, Proceedings
Volume1

Other

Other1998 International Conference on Power System Technology, POWERCON 1998
CountryChina
CityBeijing
Period18/8/9821/8/98

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Keywords

  • ISO
  • deregulated power market
  • unit commitment

ASJC Scopus subject areas

  • Energy Engineering and Power Technology
  • Control and Systems Engineering
  • Electrical and Electronic Engineering
  • Control and Optimization

Cite this

Huang, G., & Zhao, Q. (1998). A power market paradigm for deregulated environment. In POWERCON 1998 - 1998 International Conference on Power System Technology, Proceedings (pp. 694-698). (POWERCON 1998 - 1998 International Conference on Power System Technology, Proceedings; Vol. 1). Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.1109/ICPST.1998.729054