Download
The wholesale power market design proposed by the U.S. Federal Energy Regulatory Commission (FERC) in an April 2003 white paper [FERC 2003] encompasses the following core features:
1. Central management by an independent market operator.
2. A two-settlement system consisting of a day-ahead market supported by a parallel real-time market to ensure continual balancing of supply and demand for power.
3. Management of grid congestion by means of locational marginal pricing (LMP), i.e., the pricing of power by the location and timing of its injection into, or withdrawal from, the transmission grid.
4. market power oversight and mitigation.
Categories
SimulationLicense
GNU General Public License version 2.0 (GPLv2)Follow AMESProject
Other Useful Business Software
Build Securely on AWS with Proven Frameworks
Moving to the cloud brings new challenges. How can you manage a larger attack surface while ensuring great network performance? Turn to Fortinet’s Tested Reference Architectures, blueprints for designing and securing cloud environments built by cybersecurity experts. Learn more and explore use cases in this white paper.
Rate This Project
Login To Rate This Project
User Reviews
Be the first to post a review of AMESProject!