Generation cost reduction through optimal allocation of energy transactions by bilateral quantity adjustments with corresponding penalties
An electricity market is established to create a fair, transparent and reliable trading environment and encourage competition that will lead to a cheaper cost of electricity. In this set-up it is very important that the distribution companies allocate their purchases of energy in the spot market and...
| Main Author: | |
|---|---|
| Format: | Thesis |
| Language: | English |
| Subjects: |