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2019 | OriginalPaper | Buchkapitel

5. Power Systems Operation

verfasst von : Mohammad Kiani-Moghaddam, Mojtaba Shivaie, Philip D. Weinsier

Erschienen in: Modern Music-Inspired Optimization Algorithms for Electric Power Systems

Verlag: Springer International Publishing

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Abstract

The second part of the book starts with Chap. 5, which is devoted to an innovative, two-level computational-logical framework for a bilateral bidding mechanism within a competitive security-constrained electricity market. In this chapter, a comprehensive survey related to game theory is meticulously presented. Subsequently, the authors describe the formulation of a two-level computational-logical framework, including its mathematical model of first and second levels. In the first level, the generation and distribution companies maximize their profits. In the second level, however, the independent system operator clears the competitive security-constrained electricity market by considering additional objectives containing CO2, SO2, and NOx emissions.

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Metadaten
Titel
Power Systems Operation
verfasst von
Mohammad Kiani-Moghaddam
Mojtaba Shivaie
Philip D. Weinsier
Copyright-Jahr
2019
DOI
https://doi.org/10.1007/978-3-030-12044-3_5