Probabilistic LMP Forecasting Considering Load Uncertainty

By Rui Bo, Fangxing Li. IEEE Transactions on Power Systems, 2009

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Small test systems for power system economic studies (2010, background): “LMP at a given Bus B can be decomposed into three components: marginal energy price, marginal congestion price, and marginal loss price [1-6].”
Energy Forecasting: A Review and Outlook (2020, unknown): “was studied in [109].”
Smart Grid Technologies: Communication Technologies and Standards (2011, background): “The power price is typically determined by locational margin price (LMP) [28] driven by the load that varies with time.”
Electricity price forecasting: A review of the state-of-the-art with a look into the future (2014, background): “Finally, note that threshold forecasting is somewhat related to the concept of the critical load level, see Bo and Li (2009). The authors look at LMP from the system level perspective and focus on the phenomenon of the step-wise price variation as load increases, i.”