Deregulated Serbian electricity market optimal dispatch with congestion constraints

Deregulated Serbian electricity market optimal dispatch with congestion constraints

With newly adopted Energy Law, market in Serbia will become more deregulated in following years. Price and quantities of energy traded will be formed through an open pool competition of several producers and consumers by market mechanism which tends to maximize welfare. Due to congestion so...

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Bibliographic Details
Main Authors: Batas-Bjelić Ilija, Škokljev Ivan
Format: Article
Language:English
Published: Faculty of Technical Sciences in Cacak 2011-01-01
Series:Serbian Journal of Electrical Engineering
Subjects:
linear programming
dispatch problem
market clearing price
maximum welfare
congestion
Online Access:http://www.doiserbia.nb.rs/img/doi/1451-4869/2011/1451-48691103325B.pdf
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spelling doaj-f584eae51082416aa83a485b84ee85d22020-11-24T23:41:38ZengFaculty of Technical Sciences in CacakSerbian Journal of Electrical Engineering1451-48692217-71832011-01-018332533110.2298/SJEE1103325B1451-48691103325BDeregulated Serbian electricity market optimal dispatch with congestion constraintsBatas-Bjelić Ilija0Škokljev Ivan1School of Electrical Engineering, BelgradeSchool of Electrical Engineering, BelgradeWith newly adopted Energy Law, market in Serbia will become more deregulated in following years. Price and quantities of energy traded will be formed through an open pool competition of several producers and consumers by market mechanism which tends to maximize welfare. Due to congestion some of this welfare will be lost. We are suggesting and discussing 5 market indicators to quantify changes arising in the dispatch with congestion constraints.http://www.doiserbia.nb.rs/img/doi/1451-4869/2011/1451-48691103325B.pdflinear programmingdispatch problemmarket clearing pricemaximum welfarecongestion
collection DOAJ
language English
format Article
sources DOAJ
author Batas-Bjelić Ilija
Škokljev Ivan
spellingShingle Batas-Bjelić Ilija
Škokljev Ivan
Deregulated Serbian electricity market optimal dispatch with congestion constraints
Serbian Journal of Electrical Engineering
linear programming
dispatch problem
market clearing price
maximum welfare
congestion
author_facet Batas-Bjelić Ilija
Škokljev Ivan
author_sort Batas-Bjelić Ilija
title Deregulated Serbian electricity market optimal dispatch with congestion constraints
title_short Deregulated Serbian electricity market optimal dispatch with congestion constraints
title_full Deregulated Serbian electricity market optimal dispatch with congestion constraints
title_fullStr Deregulated Serbian electricity market optimal dispatch with congestion constraints
title_full_unstemmed Deregulated Serbian electricity market optimal dispatch with congestion constraints
title_sort deregulated serbian electricity market optimal dispatch with congestion constraints
publisher Faculty of Technical Sciences in Cacak
series Serbian Journal of Electrical Engineering
issn 1451-4869
2217-7183
publishDate 2011-01-01
description With newly adopted Energy Law, market in Serbia will become more deregulated in following years. Price and quantities of energy traded will be formed through an open pool competition of several producers and consumers by market mechanism which tends to maximize welfare. Due to congestion some of this welfare will be lost. We are suggesting and discussing 5 market indicators to quantify changes arising in the dispatch with congestion constraints.
topic linear programming
dispatch problem
market clearing price
maximum welfare
congestion
url http://www.doiserbia.nb.rs/img/doi/1451-4869/2011/1451-48691103325B.pdf
work_keys_str_mv AT batasbjelicilija deregulatedserbianelectricitymarketoptimaldispatchwithcongestionconstraints
AT skokljevivan deregulatedserbianelectricitymarketoptimaldispatchwithcongestionconstraints
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