Simulations of bilateral energy markets using MATLAB

Y. Yuen; K.L. Lo

doi:10.1108/03321640310459315

Simulations of bilateral energy markets using MATLAB

Y. Yuen
, K.L. Lo

Electronic And Electrical Engineering

Research output: Contribution to journal › Article › peer-review

11 Citations (Scopus)

Abstract

This paper presents simulation results of energy bilateral markets using MATLAB/SIMULINK. The algorithm for congestion management and transmission pricing is implemented by means of DC load flow. The simulation results show how elasticity of market participants to transmission usage charges can affect the overall network usage and its cost.

Original language	English
Pages (from-to)	424-443
Number of pages	19
Journal	COMPEL: The International Journal for Computation and Mathematics in Electrical and Electronic Engineering
Volume	22
Issue number	2
DOIs	https://doi.org/10.1108/03321640310459315
Publication status	Published - 2003

Keywords

energy industry
simulation
supply and demand

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10.1108/03321640310459315

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title = "Simulations of bilateral energy markets using MATLAB",

abstract = "This paper presents simulation results of energy bilateral markets using MATLAB/SIMULINK. The algorithm for congestion management and transmission pricing is implemented by means of DC load flow. The simulation results show how elasticity of market participants to transmission usage charges can affect the overall network usage and its cost.",

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author = "Y. Yuen and K.L. Lo",

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KW - simulation

KW - supply and demand

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DO - 10.1108/03321640310459315

M3 - Article

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JO - COMPEL: The International Journal for Computation and Mathematics in Electrical and Electronic Engineering

JF - COMPEL: The International Journal for Computation and Mathematics in Electrical and Electronic Engineering

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Simulations of bilateral energy markets using MATLAB

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