Abstract
The concept of congestion management is extended to include dynamic effects. Based on a hybrid market structure, a new framework is proposed to eliminate congestion when system stability is threatened. It is shown that by fully utilizing the available resources, system stability as well as the transactions in the bilateral and balancing markets can be secured after a stability contingency, while the total dynamic congestion management cost is minimized.
Full Text 
Sign-in/Register to access full text options
Sign-in/Register to access full text options 
Published version (
Free)
Free) 
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 call
