Observatorio de I+D+i UPM

Memorias de investigación

Communications at congresses:
An Algorithm for the Decentralized Market Coupling Problem

Year:2008

Research Areas

Information

Abstract
In this communication a conceptual algorithm is proposed for the market coupling process in the presence of block orders. The basic idea is to use the Lagrangian relaxation to get a decomposition of the problem that emulates the necessary decentralization process. The feasibility of this procedure is analysed using a simplified model of the problem. In particular, the solution obtained in this decentralized way is contrasted with the numerically exact solution of the problem by evaluating the duality gap. The examples presented suggest that in this way reasonably approximate solutions can be obtained, to improve those obtained through empirical procedures used by the market operators.
International	Si
Congress	5th International Conference on the European Electricity Markets
	960
Place	Lisboa, Portugal
Reviewers	Si
ISBN/ISSN	978-1-4244-1743-8

Start Date	28/05/2008
End Date	30/05/2008
From page	300
To page	303
	Proceedings of the 5th International Conference on the European Electricity Market

Participants

Research Group, Departaments and Institutes related

S2i 2021 Observatorio de investigación @ UPM con la colaboración del Consejo Social UPM

Cofinanciación del MINECO en el marco del Programa INNPACTO (IPT-020000-2010-22)