| Title |
Development of the Pre-Dispatch Scheduling Algorithm in the Competitive Electricity Market |
| Authors |
정구형(Chung, Kooh-Hyung) ; 강동주(Kang, Dang-Joo) ; 김발호(Kim, Bal-Ho) |
| Keywords |
Pre-dispatch scheduling ; mixed integer nonlinear programming ; Benders decomposition |
| Abstract |
Systematic studies on the dispatch scheduling algorithm can enhance the efficiency of electricity market operation. In addition, as the dispatching policies in competitive electricity markets directly affect the market participants' profits, the dispatch scheduling procedure should be reasonable, systematic, and transparent. In this paper, we propose an unconstrained/constrained pre-dispatch scheduling algorithm and develop corresponding programs applicable to wholesale electricity markets. |