ASU Electronic Theses and Dissertations
- 2 English
- 2 Public
Constraint relaxation by definition means that certain security, operational, or financial constraints are allowed to be violated in the energy market model for a predetermined penalty price. System operators utilize this mechanism in an effort to impose a price-cap on shadow prices throughout the market. In addition, constraint relaxations can serve as corrective approximations that help in reducing the occurrence of infeasible or extreme solutions in the day-ahead markets. This work aims to capture the impact constraint relaxations have on system operational security. Moreover, this analysis also provides a better understanding of the correlation between DC market models and AC …
- Salloum, Ahmed, Vittal, Vijay, Hedman, Kory, et al.
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Due to economic and environmental reasons, several states in the United States of America have a mandated renewable portfolio standard which requires that a certain percentage of the load served has to be met by renewable resources of energy such as solar, wind and biomass. Renewable resources provide energy at a low variable cost and produce less greenhouse gases as compared to conventional generators. However, some of the complex issues with renewable resource integration are due to their intermittent and non-dispatchable characteristics. Furthermore, most renewable resources are location constrained and are usually located in regions with insufficient transmission facilities. In …
- Hariharan, Sruthi, Vittal, Vijay, Heydt, Gerald, et al.
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