Optimization of time-based rates in forward energy markets

This paper presents a new two-step design approach of Time-Based Rate (TBR) programs for markets with a high penetration of variable energy sources such as wind power. First, an optimal market time horizon must be determined that balances between production generation forecast accuracy and customers...

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Bibliographic Details
Main Authors: Wang, J. (Contributor), Kennedy, Scott (Author), Kirtley, James L., Jr (Contributor)
Other Authors: Massachusetts Institute of Technology. Department of Electrical Engineering and Computer Science (Contributor), Kirtley Jr, James L. (Contributor)
Format: Article
Language:English
Published: Institute of Electrical and Electronics Engineers (IEEE), 2012-09-06T18:29:42Z.
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