Congestion and Price Prediction Under Load Variation

  title={Congestion and Price Prediction Under Load Variation},
  author={Fangxing Li and Rui Bo},
  journal={IEEE Transactions on Power Systems},
In market-based planning and operation, it is very useful to have the information of generation dispatch, congestion, and price as load increases. Therefore, it is beneficial to system planners if the congestion or locational marginal pricing (LMP) versus load is readily available. This can certainly be obtained by repetitively running an optimization model at different load levels. However, this approach is too brute-force to be practical. In this paper, an efficient algorithm is proposed to… CONTINUE READING

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