Security constrained unit commitment pricing optimization...

Details Security constrained unit commitment pricing optimization... Security constrained unit commitment pricing optimization...

2008-04-01

2008-04-01

Borissov, Igor N (Department: 3628)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Finance

C705S400000

Reexamination Certificate

active

10409328

ABSTRACT:
The present invention is a method for optimizing security constrained unit commitment in the day ahead wholesale electricity market using mixed integer linear programming techniques. The wholesale electricity market uniquely requires the submission of offers to supply energy and ancillary services at stated prices, as well as bids to purchase energy, and known operating and security constraints. The present invention address the above noted needs by providing a SCUC engine to support and implement the requirements via a computer system implementation.

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