Locational Marginal Pricing: A Fundamental Reconsideration
This study establishes that Locational Marginal Pricing (LMP) is conceptually problematic for grid-supported centrally-managed wholesale power markets transitioning to decarbonized grid operations with increasingly diverse participants, hence with increasingly uncertain and volatile net loads. LMP a...
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Main Author: | Leigh Tesfatsion |
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Format: | Article |
Language: | English |
Published: |
IEEE
2024-01-01
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Series: | IEEE Open Access Journal of Power and Energy |
Subjects: | |
Online Access: | https://ieeexplore.ieee.org/document/10419119/ |
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