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Article
Transaction Scheduling Considering Transmission Network Constrains in Regional Electricity Market
Dianli Xitong Zidonghue/Automation of Electric Power Systems
  • Rui Bo, Missouri University of Science and Technology
  • Fubin Liu
  • Can Li
  • Ping Wei
  • Yang Li
  • Guoqing Tang
Abstract

East China Regional Electricity Market, the first regional electricity market in China, will adopt the structure of Broker spot market combined with bilateral contracts. The conventional transactions scheduling method of using Broker-matching algorithm cannot obtain optimal economic benefit with considering network constraints. This paper proposes a new transaction scheduling method of considering network constraints directly. With introducing the generation contribution factor and load-extracting factor, the problem of coordination of multi-level electricity market is solved. In consideration of the characteristic of bilateral transaction, a mathematical model is established for transaction scheduling in Broker trading system of regional electricity market with transaction matrix as a mathematical representation. The results of the test on IEEE 30 bus system show that the model corresponds with the features of Broker trading mode without considering network constraints, and can obtain optimal economic benefit with considering network constraints. The effectiveness of the method is proved.

Department(s)
Electrical and Computer Engineering
Keywords and Phrases
  • Algorithms,
  • Constraint Theory,
  • Mathematical Models,
  • Scheduling,
  • Broker Trading System,
  • Congestion Management,
  • Transaction Matrix,
  • Transaction Scheduling,
  • Transaction Transfer Distribution Factor,
  • Electric Power Systems
Document Type
Article - Journal
Document Version
Citation
File Type
text
Language(s)
Chinese
Rights
© 2002 Automation of Electric Power Systems Press, All rights reserved.
Publication Date
11-1-2002
Publication Date
01 Nov 2002
Citation Information
Rui Bo, Fubin Liu, Can Li, Ping Wei, et al.. "Transaction Scheduling Considering Transmission Network Constrains in Regional Electricity Market" Dianli Xitong Zidonghue/Automation of Electric Power Systems Vol. 26 Iss. 22 (2002) p. 10 - 15 ISSN: 1000-1026
Available at: http://works.bepress.com/rui-bo/64/