An auction-based dispatch algorithm for deregulated power systems

Garng Huang, Qing Zhao

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

6 Citations (Scopus)

Abstract

The classical economic dispatch algorithm relies on the convexity of the cost function, but in a deregulated power market, the market strategy may make the seller's bidden cost function concave, and causes the classical economic dispatch algorithm to be inapplicable. To solve this problem, an efficient algorithm is proposed in this paper.

Original languageEnglish
Title of host publication2000 IEEE Power Engineering Society, Conference Proceedings
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages1220-1225
Number of pages6
ISBN (Electronic)0780359356, 9780780359352
DOIs
Publication statusPublished - 1 Jan 2000
EventIEEE Power Engineering Society Winter Meeting, 2000 - Singapore, Singapore
Duration: 23 Jan 200027 Jan 2000

Publication series

Name2000 IEEE Power Engineering Society, Conference Proceedings
Volume2

Other

OtherIEEE Power Engineering Society Winter Meeting, 2000
CountrySingapore
CitySingapore
Period23/1/0027/1/00

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Keywords

  • Economic Dispatch
  • Genetic Algorithm
  • Global Optimization
  • Indefinite Quadratic Programming
  • Kuhn-Tucker Theorem
  • NP-hard Problem

ASJC Scopus subject areas

  • Energy Engineering and Power Technology
  • Electrical and Electronic Engineering

Cite this

Huang, G., & Zhao, Q. (2000). An auction-based dispatch algorithm for deregulated power systems. In 2000 IEEE Power Engineering Society, Conference Proceedings (pp. 1220-1225). [850120] (2000 IEEE Power Engineering Society, Conference Proceedings; Vol. 2). Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.1109/PESW.2000.850120