Investigation of LMP forecasting for congested power systems

Nappu, Muhammad Bachtiar, Arief, Ardiaty, Saha, Tapan Kumar and Bansal, Ramesh C. (2012). Investigation of LMP forecasting for congested power systems. In: Proceedings Universities Power Engineering Conference (AUPEC), 2012 22nd Australasian. Universities Power Engineering Conference (AUPEC), 2012 22nd Australasian, Bali, Indonesia, (1-6). 26 – 29 September 2012.

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Name Description MIMEType Size Downloads
Author Nappu, Muhammad Bachtiar
Arief, Ardiaty
Saha, Tapan Kumar
Bansal, Ramesh C.
Title of paper Investigation of LMP forecasting for congested power systems
Conference name Universities Power Engineering Conference (AUPEC), 2012 22nd Australasian
Conference location Bali, Indonesia
Conference dates 26 – 29 September 2012
Proceedings title Proceedings Universities Power Engineering Conference (AUPEC), 2012 22nd Australasian
Journal name 2012 22nd Australasian Universities Power Engineering Conference: "Green Smart Grid Systems", AUPEC 2012
Place of Publication Piscataway, NJ, United States
Publisher IEEE (Institute for Electrical and Electronic Engineers)
Publication Year 2012
Sub-type Fully published paper
ISBN 9781467329330
9789791884723
Start page 1
End page 6
Total pages 6
Collection year 2013
Language eng
Abstract/Summary Transmission congestion occurs when power flow over a transmission line exceeds its thermal limit causes high fluctuation of locational marginal prices (LMPs). It eventually influences the revenue, incomes, and profits of the market participants. Hence an accurate LMP forecasting is important to ensure economical operation as well as proper scheduling of generation resources. It helps market participants in making effective decisions and providing better risk management. This paper analyses the impact of congestion in LMP volatility then proposes a new advanced method for LMP forecasting based on adaptive neuro-fuzzy inference system (ANFIS).
Keyword Locational marginal prices
Electricity market
Transmission congestion
Price forecasting
Q-Index Code E1
Q-Index Status Confirmed Code
Institutional Status UQ

 
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Created: Thu, 21 Mar 2013, 11:34:39 EST by Tapan Kumar Saha on behalf of School of Information Technol and Elec Engineering