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The Strathprints institutional repository is a digital archive of University of Strathclyde research outputs.

Strathprints serves world leading Open Access research by the University of Strathclyde, including research by the Strathclyde Institute of Pharmacy and Biomedical Sciences (SIPBS), where research centres such as the Industrial Biotechnology Innovation Centre (IBioIC), the Cancer Research UK Formulation Unit, SeaBioTech and the Centre for Biophotonics are based.

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Simulations of bilateral energy markets using MATLAB

Yuen, Y. and Lo, K.L. (2003) Simulations of bilateral energy markets using MATLAB. COMPEL: The International Journal for Computation and Mathematics in Electrical and Electronic Engineering, 22 (2). pp. 424-443. ISSN 0332-1649

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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.