Publications

    Hogan, William W., Brendan Ring, and Grant Read. “Using Mathematical Programming for Electricity Spot Pricing.” In, 1996.Abstract
    Recent moves around the world to introduce competition into electricity markets have created a need for mechanisms to determine electricity spot prices which provide good incentives for market coordination. Duality theory suggests that such prices can be found by solving a mathematical program. We derive implicit prices corresponding to an actual half.hourly dispatch of a full a.c. power system, and discuss the application of spot pricing in New Zealand and the United States.

Pages