Controlling power systems with price signals

نویسنده

  • Fernando L. Alvarado
چکیده

This paper revisits the possibility of controlling the power system entirely by means of price signals. It expands on notions introduced in an earlier paper and addresses several unresolved issues: problems with linear cost structures, response delays, varying costs, market power and stability problems caused by market/system interactions. The results suggest that control by price can, in fact, be made to work with some caveats. D 2004 Published by Elsevier B.V.

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عنوان ژورنال:
  • Decision Support Systems

دوره 40  شماره 

صفحات  -

تاریخ انتشار 2005