Real-time control of power systems using nodal prices
نویسنده
چکیده
This article presents a novel control scheme for achieving optimal power balancing and congestion management in electrical power systems via nodal prices. We develop a dynamic controller that guarantees economically optimal steady-state operation while respecting all line flow constraints in steady-state. A benchmark example illustrates the effectiveness of the proposed control scheme. 2009 Elsevier Ltd. All rights reserved.
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