Abstract
A novel Contingency Analysis algorithm has been proposed for Security Analysis (SA) to incorporate Congestion Revenue Right (CRR) options. By replacing fast forward and full backward operations with basic linear algebra operations - Multiplications and Additions, the performance can be improved. The new algorithm is easy to perform in parallel through compiler support of simultaneous multithreading (SMT) and OpenMP. The new algorithm has been implemented in ISO Day Ahead Market (DAM) and performance is improved by more than three times. The same technique can be applied to CRR auction markets, which typically contain abundant number of CRR options.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
