Development and Testing of New Tools

PI: 
Zimmerman, Ray
Project Status: 
Completed

This project is developing modeling and simulation tools that take into account uncertainty in the context of multi-period scheduling and pricing for wholesale centralized electricity markets—such as those operated by ISO/RTOs. The current focus is on demonstrating the value of the SuperOPF approach using two-stage and receding-horizon market structures and integrating the generalized optimal power scheduling framework into MATPOWER.

To view the MATLAB Power System Simulation Package, click here.

Related Publications

Lamadrid, Alberto J, Timothy D Mount, and Wooyoung Jeon. "On the Death and Possible Rebirth of Energy-Only Markets." 2016 49th Hawaii International Conference on System Sciences (HICSS). Koloa, HI, USA: IEEE, 2016. 2354 - 2363.
Lamadrid, Alberto J, Surin Maneevitjit, and Timothy D Mount. "The economic value of transmission lines and the implications for planning models." Energy Economics 57 (2016) 1 - 15.
Lu, Hao, Wooyoung Jeon, Timothy D Mount, and Alberto J Lamadrid. "Can Energy Bids from Aggregators Manage Deferrable Demand Efficiently?." 48th Annual Hawaii International Conference on System Sciences (HICSS). Kauai, HI: IEEE, 2015.
Jeon, Wooyoung, Jung Youn Mo, and Timothy D Mount. "Developing a Smart Grid that Customers can Afford: The Impact of Deferrable Demand." The Energy Journal 36.4 (2015).
Lamadrid, Alberto J, Daniel L Shawhan, Carlos E Murillo-Sanchez, Ray D Zimmerman, Yujia Zhu, Daniel J Tylavsky, Andrew G Kindle, and Zamiyad Dar. "Stochastically Optimized, Carbon-Reducing Dispatch of Storage, Generation, and Loads." IEEE Transactions on Power Systems 30.2 (2015) 1064 - 1075.
Jeon, Wooyoung, Alberto J Lamadrid, Jung Youn Mo, and Timothy D Mount. "The Controllability of Real Things: Planning for Wind Integration." The Electricity Journal 28.1 (2015) 19 - 28.
Jeon, Wooyoung, Alberto J Lamadrid, Jung Youn Mo, and Timothy D Mount. "Using deferrable demand in a smart grid to reduce the cost of electricity for customers." Journal of Regulatory Economics (2015).
Mount, Timothy D, and Jaeuk Ju. "An econometric framework for evaluating the efficiency of a market for transmission congestion contracts." Energy Economics 46 (2014) 176 - 185.
Murillo-Sanchez, Carlos E, Ray D Zimmerman, C. Lindsay Anderson, and Robert J Thomas. "A stochastic, contingency-based security-constrained optimal power flow for the procurement of energy and distributed reserve." Decision Support Systems 56 (2013).
Murillo-Sanchez, Carlos E, Ray D Zimmerman, C. Lindsay Anderson, and Robert J Thomas. "Secure Planning and Operations of Systems With Stochastic Sources, Energy Storage, and Active Demand." IEEE Transactions on Smart Grid 4.4 (2013) 2220 - 2229.
Zimmerman, Ray D, Carlos E Murillo-Sanchez, and Robert J Thomas. "MATPOWER: Steady-State Operations, Planning, and Analysis Tools for Power Systems Research and Education." IEEE Transactions on Power Systems 26.1 (2011) 12 - 19.
Thomas, Robert J, Carlos E Murillo-Sanchez, and Ray D Zimmerman. "An advanced security constrained OPF that produces correct market-based pricing." 2008 IEEE Power and Energy Society General Meeting. Pittsburgh, PA, USA: IEEE, 2008. 1 - 6.
Zimmerman, Ray D. SuperOPF Research Roadmap. 2008.

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