Picture of smart phone in human hand

World leading smartphone and mobile technology research at Strathclyde...

The Strathprints institutional repository is a digital archive of University of Strathclyde's Open Access research outputs. Strathprints provides access to thousands of Open Access research papers by University of Strathclyde researchers, including by Strathclyde researchers from the Department of Computer & Information Sciences involved in researching exciting new applications for mobile and smartphone technology. But the transformative application of mobile technologies is also the focus of research within disciplines as diverse as Electronic & Electrical Engineering, Marketing, Human Resource Management and Biomedical Enginering, among others.

Explore Strathclyde's Open Access research on smartphone technology now...

Pay-as-bid pricing in combined pool / bilateral electricity markets

Kockar, I. and Cuervo Franco, P. and Galiana, F. (2002) Pay-as-bid pricing in combined pool / bilateral electricity markets. In: 14th Power Systems Computation Conference, 2002-06-24 - 2002-06-28.

[img]
Preview
PDF
s07p06.pdf - Final Published Version

Download (140kB) | Preview

Abstract

In the context of combined pool/bilateral operation of electricity markets, this paper compares two pricing strategies; pay-as-bid strategy defines three types of services: bilateral contract generation, transmission loss and congestion management required by the bilateral contracts, and pool demand generation including associated transmission loss and congestion