Experience with PJM market operation, system design, and implementation

By A. Ott. 2003

393 citations recorded by the source corpus.

Subfields: Electrical and Electronic Engineering, Energy Engineering and Power Technology

View Paper: https://www.semanticscholar.org/paper/5ee6ee04f10881d558d7c5a4077e04e574a9c7b0

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In Electrical and Electronic Engineering

In Energy Engineering and Power Technology

Citations in the corpus

Coupon Incentive-Based Demand Response: Theory and Case Study (2013, background): “implement both the day-ahead market and the real-time market; this is well known as the two-settlement system [27].”
Optimal Allocation of Energy Storage System for Risk Mitigation of DISCOs With High Renewable Penetrations (2014, background): “In LMP mechanism, if the actual load deviates from day-ahead purchasing, the DISCOs should pay charges at real-time price [6].”
Detecting Stealthy False Data Injection Using Machine Learning in Smart Grid (2017, background): “4In the PJM (Pennsylvania, New Jersey, and Maryland ) market, the control center collects the measured data in 1-minute time intervals and runs the Siemens state estimation program [33].”
Coupon-Based Demand Response Considering Wind Power Uncertainty: A Strategic Bidding Model for Load Serving Entities (2016, background): “implement the two-settlement system [18]: day-ahead (DA) market and real-time (RT) market.”
A mixed integer programming solution for market clearing and reliability analysis (2005, methodology): “The PJM market design is based on the Two Settlement concept [ 4 ].”
Pricing Electricity in Pools With Wind Producers (2012, methodology): “The pool clearing algorithm proposed in this paper corresponds to a single-period network-constrained auction, similar to those used by ISO-New England [3] and PJM [4].”
False Data Injection on State Estimation in Power Systems—Attacks, Impacts, and Defense: A Survey (2017, methodology): “Similarly, the Ex Post LMP is interpreted as shadow prices [73], [74]”
Influence of Price Responsive Demand Shifting Bidding on Congestion and LMP in Pool-Based Day-Ahead Electricity Markets (2011, background): “Ott [7] described the operational and design features of LMP-based PJM market.”
Pricing Non-Convexities in an Electricity Pool (2012, background): “instance, of the electricity markets of ISO-New England [2], PJM [3], or the Iberian Peninsula [4].”
Dynamic Pricing and Stabilization of Supply and Demand in Modern Electric Power Grids (2010, background): “We refer the interested readers to [12], [9], [13] for more details.”
An international review of the implications of regulatory and electricity market structures on the emergence of grid scale electricity storage (2014, neutral): “RTO that runs the world’s largest competitive wholesale electricity market, permitted LESR to participate in the market for frequency regulation, and from January 2011, pay for performance was initiated [140, 141].”