© 2010 IEEE. Personal use of this material is permitted. However, permission to reprint/republish this material for advertising or promotional purposes or for creating new collective works for resale or redistribution to servers or lists, or to reuse any copyrighted component of this work in other works must be obtained from the IEEE.
All documents in ORBi are protected by a user license.
Abstract :
[en] The possibility for market participants to simultaneously place their bids in different markets across an interconnection is investigated in this paper. Transaction schedulers settle multilateral transactions among participants, while a central entity coordinates the overall operation through interactions with the transaction schedulers. Two issues are dealt with in this context. First, the market participants are allowed to place their bids simultaneously in more than one transactions scheduler’s market, and, second, the available transmission capacity is fairly shared among the transaction schedulers. Economically interesting transactions are favored, while confidentiality of market data and independence of transaction schedulers’ clearing mechanisms are preserved. The corresponding iterative algorithm is illustrated in detail on a 15-bus as well as the IEEE-RTS system.
Scopus citations®
without self-citations
3
