Abstract

This paper provides the way to calculate Locational Marginal Prices (LMP) through five Direct Current Optimal Power Flow (DCOPF) algorithms. Two of the five algorithms do not consider system losses, the rest of them obtain the LMP considering the losses through factors which offset, linearize and distribute them in the system. The five algorithms were implemented in a three-bus test system to make a comparison of the results obtained, such as generation dispatch, system losses and PMLs. The comparison is presented under changes in the reference bus.

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