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Design and testing of heuristic for market splitting in electric power exchange

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Title Design and testing of heuristic for market splitting in electric power exchange
 
Creator BICHPURIYA, Y
SOMAN, SA
APTE, PR
 
Subject market splitting
power exchange
taguchi's method
 
Description This paper proposes Taguchi's method for design of experiments to test market splitting algorithm of an electric power exchange. Such a mechanism is required because price-volume pairs of a trader are usually bound by confidentiality requirement and hence not available as test data. We also propose a novel and simple market splitting heuristic considering congestion management problem in a meshed network with incomplete information of the network. Simulation results are reported in the paper.
 
Publisher IEEE
 
Date 2011-10-25T11:22:07Z
2011-12-15T09:11:52Z
2011-10-25T11:22:07Z
2011-12-15T09:11:52Z
2009
 
Type Proceedings Paper
 
Identifier TENCON 2009 - 2009 IEEE REGION 10 CONFERENCE, VOLS 1-4,2160-2164
978-1-4244-4546-2
0886-1420
http://dspace.library.iitb.ac.in/xmlui/handle/10054/15704
http://hdl.handle.net/100/2342
 
Source IEEE Region 10 Conference 2009,Singapore, SINGAPORE,NOV 23-26, 2009
 
Language English