Security-constrained dispatch gives financially and economically significant nodal prices

Boucher, J.;Ghilain, Benoit;Smeers, Yves
(1998) The Electricity Journal — Vol. 11, n° 9, p. 53-59 (1998)

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Authors
  • Boucher, J.
    Author
  • Ghilain, Benoit
    Author
  • Smeers, YvesUCLouvain
    Author
Abstract
Those who would like to dispense with congestion-based nodal prices argue that congestion occurs only infrequently. In truth, theoretical and real-world tests show that network congestion is a frequent occurrence and should generate significant revenues.
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Citations

Boucher, J., Ghilain, B., & Smeers, Y. (1998). Security-constrained dispatch gives financially and economically significant nodal prices. The Electricity Journal, 11(9), 53-59. https://doi.org/10.1016/S1040-6190(98)00092-X (Original work published 1998)