Assessment of transmission congestion cost and locational marginal pricing in a competitive electricity market

  title={Assessment of transmission congestion cost and locational marginal pricing in a competitive electricity market},
  author={Gomaa Ahmed Hamoud and Ian Bradley},
  journal={IEEE Transactions on Power Systems},
In an open-access environment, transmission constraints can result in different energy prices throughout the network. These prices are, in fact, dependent on a number of factors such as the generating unit bid, system load level, network topology and security limits imposed on the transmission network due to thermal, and voltage and stability considerations. Computing these energy prices at all buses in large transmission networks under given system operating conditions can be time-consuming… CONTINUE READING
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