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Volume 22, Issue 2
1 June 2003
COMPEL - The international journal for computation and mathematics in electrical and electronic engineering Cover Image for Volume 22, Issue 2
Conceptual Paper| June 01 2003

Simulations of bilateral energy markets using MATLAB Available to Purchase

Y.S.C. Yuen;
Y.S.C. Yuen
Power System Research Group, Electronic and Electrical Engineering, The University of Strathclyde, Glasgow, UK
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K.L. Lo
K.L. Lo
Power System Research Group, Electronic and Electrical Engineering, The University of Strathclyde, Glasgow, UK
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Author & Article Information
Publisher: Emerald Publishing
Online ISSN: 2054-5606
Print ISSN: 0332-1649
© MCB UP Limited
2003
COMPEL (2003) 22 (2): 424–443.
https://doi.org/10.1108/03321640310459315

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.

Keywords:
Simulation, Energy industry, Supply and demand
© MCB UP Limited
2003
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