A multilateral market coupling procedure for the internal electricity market simulation

Afterwards the energy market liberalization in European countries, the issue of optimal allocation of cross border interchanges has gained a notable importance. The most widely accepted method for the congestion management among several interconnected countries is the “Decentralized Market Coupling” (DCM), which was successfully implemented by the Power Exchangers of France, Belgium and the Netherlands. In this paper an iterative procedure that applies the DMC method to a large interconnected network is presented and the solution is compared with that achieved by a single pool simulated by means of a market splitting method.

[1]  A. Papalexopoulos,et al.  Application of Optimisation Techniques to Study Power System Network Performance , 1997 .

[2]  C. Genesi,et al.  Coordinated implicit allocation of the CBTCs for the integration of the national European electricity markets , 2008, 2008 IEEE Power and Energy Society General Meeting - Conversion and Delivery of Electrical Energy in the 21st Century.

[3]  F. Zanellini,et al.  A multilateral market coupling approach for the allocation of cross border transmission capacity , 2008, 2008 43rd International Universities Power Engineering Conference.

[4]  C. Genesi,et al.  Cross border transmission capacity allocation by multilateral market coupling , 2008, MELECON 2008 - The 14th IEEE Mediterranean Electrotechnical Conference.