Observatorio de I+D+i UPM

Memorias de investigación
Communications at congresses:
An Algorithm for the Decentralized Market Coupling Problem
Year:2008
Research Areas
  • Mathematics
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
  • Autor: Manuel Alvarez Fernandez (UPM)
Research Group, Departaments and Institutes related
  • Creador: Grupo de Investigación: Visión por computador
  • Departamento: Matemática Aplicada a la Ingeniería Industrial
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