An Extended Integral Unit Commitment Formulation and an Iterative Algorithm for Convex Hull Pricing

To increase market transparency, independent system operators (ISOs) have been working on minimizing uplift payments based on convex hull pricing theorems. Along this direction, in this paper, based on the analysis of specific generator features in the Midcontinent ISO (MISO) system, besides reviewi...

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Bibliographic Details
Published in:	IEEE transactions on power systems Vol. 35; no. 6; pp. 4335 - 4346
Main Authors:	Yu, Yanan, Guan, Yongpei, Chen, Yonghong
Format:	Journal Article
Language:	English
Published:	New York IEEE 01.11.2020 The Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subjects:	Algorithms Computational geometry Convex hull pricing Convexity Generators Integral equations integral formulation Integrals iterative algorithm Iterative algorithms Iterative methods MISO (control systems) Operators (mathematics) Pricing Unit commitment Uplift
ISSN:	0885-8950, 1558-0679
Online Access:	Get full text
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