4.7 Article

Locational marginal price sensitivities

Journal

IEEE TRANSACTIONS ON POWER SYSTEMS
Volume 20, Issue 4, Pages 2026-2033

Publisher

IEEE-INST ELECTRICAL ELECTRONICS ENGINEERS INC
DOI: 10.1109/TPWRS.2005.857918

Keywords

locational marginal prices; optimal power flow; sensitivities

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Within an optimal power flow market clearing framework, this paper provides expressions to compute the sensitivities of locational marginal prices with respect to power demands. Sensitivities with respect to other parameters can also be obtained. An example and a case study are used to illustrate the expressions derived.

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