Agent Based Locational Marginal Pricing and its Impact on Market Clearing Price in a Deregulated Electricity Market
This paper focuses towards agent based Locational Marginal Pricing (LMP) which will minimize the overall system cost and relieves congestion on transmission lines in a deregulated electricity market. For the analysis, agents are classified in terms of market traders, Independent System Operator (ISO...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
ESRGroups
2019-09-01
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Series: | Journal of Electrical Systems |
Subjects: | |
Online Access: | https://journal.esrgroups.org/jes/papers/15_3_5.pdf |