Multi-objective solutions for coordinating auctions of different commodities in power markets Conference Paper uri icon

abstract

  • In deregulated power markets, besides auctions for energy, auctions for other commodities such as ancillary services are also anticipated. Meanwhile, in order to satisfy the environment requirement for the industry, we propose an auction of emission allowance to trade pollution quotas. The energy, the ancillary services and the emission allowance are procured simultaneously. This coordination problem is formulated and solved as a multi-objective problem.

author list (cited authors)

  • Huang, G., & Zhao, Q.

publication date

  • December 2000